charged already higher interest rates to their borrowers after controlling for other bank specific characteristics and general …

We use a unique data set that comprises each bank's bids in the Eurosystem's main refinancing operations and its … that a bank's willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …

banks to roll over their interbank debt was not due to a failure of the interbank market per se but rather to bank specific … shocks affecting banks' capital, liquidity and credit quality as well as revised bank-level risk perceptions. Relationship …

probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks …

concentration of credit relationships and the position of a bank in the network topology of the system influence the bank's ability … by the individual banks in the European Central Bank's (ECB) weekly repo auctions. The bids measure each bank …'s willingness to pay for liquidity since they had variable rate tenders with a 'pay-your-bid' price. Controlling for bank …

implications for allocative efficiency and financial stability. A typical bank in our sample holds a significant amount of term and …This paper explores the economics of interbank lending and borrowing using bank-balance sheet data for Germany, the … innovations in the client book (i.e. non-bank deposit taking and lending). The resulting interbank book affects the bank …