on bank capital-to-assets ratios and on the degree of interest rate stickiness. Bank balance-sheet constraints establish … a link between the business cycle, which affects bank profits and thus capital, and the supply and cost of loans. The … area, while macroeconomic shocks played a limited role. Third, an unexpected destruction of bank capital has a substantial …

fundamental indicators of the smooth transmission of the signal rate by the central bank. Public information plays an important … role in this context, as key interest rates are set by the central bank and average market rates are published daily … to a unique dataset collecting unsecured interbank loans and characteristics of banks operating in European central bank …

and the characteristics of banks that supply credit. As bank funding mostly occurs at the group level, we disentangle …

loans carried a distinct risk compared with domestic loans. By contrast, a large Swiss bank, for example, did not need to …

I analyze the risk premium on bank bonds at origination with special focus on the role of implicit and explicit public …