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. …

Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank …

Central bank digital currencies (CBDCs) are receiving more attention than ever before. Yet the motivations for issuance … policy stances on issuance, relying on central bank speeches and technical reports. Most projects are found in digitised … which the CBDC is a direct cash-like claim on the central bank, but where the private sector handles all customer …

quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship … banks became bigger. In fact, opaque borrowers grew more slowly. The enlarged banks did not increase profits or efficiency …, but worked with riskier borrowers. Bank managers benefited through higher salaries and media attention. The paper presents …

banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency …This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … restrictions upon foreign bank entry and foreign ownership have been affectively abolished. Using Data Envelopment Analysis (DEA …

volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …

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 …