the central bank after a liquidity shock creates a new channel of policy transmission that leads to a sharp decrease in …

growing gap between deposits above lending and has compressed interest margins as the traditional source of bank's income …

This paper examines the bank lending channel of monetary transmission in Malaysia, a country with a dual banking system … (TVAR) model is estimated to take into account possible nonlinearities in the relationship between bank lending and monetary …

This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank …

increased during the post-crisis period for local currency markets. Foreign bank linkages additionally explain why local …