, depositors, and regulators in connection with bank insolvency may corrupt banks' credit allocation and monitoring decisions … potential endogeneity which are usually inherent to research into the real economic implications of bank regulation. We find a … dependent on bank financing. Our findings are robust to various specifications. Investigating the transmission channels of the …

The role of bank capital as a propagation channel of shocks is strongly pronounced in recent macroeconomic models. In … this paper, we show how the evolution of bank capital depends on the share of non-state-contingent assets in banks’ balance …

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 …

Risk-Shifting premium. With the full fixed-income trading book of 26 German banks, I identify each trade of each bank and …

commonly used: central bank liquidity injections and asset swaps. I find that liquidity injections lead to a short run …

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

by the central bank is only partially passed on to the interbank market. Moreover, this framework allows us to examine … haircut rule for a central bank which decides to implement a “leaning-against-the- wind”-policy. Finally, we analyze the long … bank can stabilize all variables at the cost of higher inflation and that macroeconomic volatility is smallest if the …

This paper explores the extent to which interest risk exposure is priced in bank margins. Our contribution to the … for earnings from bank-individual maturity transformation strategies, we find all banks to charge additional fees for …

bank-level can impact aggregate volatility. We find weak evidence for a link between granular banking sector volatility and …