neutral. Furthermore, when controlling for the sectoral allocation of financing, no specific instrument - e.g. bank credit or …

Constraints ; Financial Accelerator ; Model Comparison ; Eurosystem central bank models …

We investigate the relationship between bank complexity and bank risk-taking using German banking data over the period …

What is the impact of a sudden and sizeable increase in bank capital requirements on the lending activity by directly … affected banks and by non-affected non-bank financial institutions (NBFIs)? To answer this question, we apply a difference … activities, in riskier and more competitive borrower segments, but NBFIs do not seem to rely on increased bank funding to finance …