experience of the United States during the Great Depression, a period of intense bank distress, to conduct our analysis. We … availability as indicated by the survey. A number of scholars have posited different ways that bank distress constrained credit …. In this study, we find that bank failures had the most dominant impact, but there is also some evidence for the …

the change in eligibility criteria for collateral in central bank refinancing operations. Our results show that market … observe a broad-based flight to liquidity. The European Central Bank's unconventional monetary policy had a strong impact on …

that failed during the 2007/2008 crisis. Excess equity returns in response to bank bailouts are overall negative and …

), our approach estimates bank asset holdings at higher frequencies which allows us to derive precise estimates of (i …

, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …

the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign …

sovereign debt exposures and the implications of sovereign exposures for bank risk. Our main findings are as follows. First … impact of sovereign bond holdings on bank risk. This result could indicate the widespread absence of marking-to-market for …