this policy through banks. This paper examines the role of bank liquidity, capitalization and market power as internal … monetary policy change on bank performance is also considered. The empirical analysis, using large panel datasets for the … rates by disaggregating down to the individual bank level. This is achieved by the use of a Local GMM technique that also …

expected return news component - as opposed to the bank-specific news, typically assumed to be incorporated in the cash …

dimension along which one can identify structural shocks and perform hypothesis tests. We provide an application to bank runs … and non-insured banks) and across variables (as in macro SVARs). We thus (i) identify bank runs, (ii) quantify the … promise for the approach and has strong policy implications. -- Identification ; SVAR ; panel-VAR ; Heterogeneity ; bank run …

imperfectly elastic supply of bank equity stemming from financial market segmentation. In our model, equity is costly and serves … and the design of bank stress testing. …