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A New Approach to Measuring Competition in the Loan Markets of the Euro Area

van Leuvensteijn, Michiel; Bikker, Jacob Antoon; van … - 2021

This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well - known measures of … competition can consider the entire banking market only. A caveat of the Boone - indicator may be that it assumes that banks …

Persistent link: https://www.econbiz.de/10013317045

The Impact of Supply Constraints on Bank Lending in the Euro Area - Crisis Induced Crunching?

Hempell, Hannah Sabine - 2010

Aggregate loan development typically hinges on a combination of factors that impact simultaneously on the demand and the supply side of bank lending. The financial turmoil starting in mid-2007 had detrimental consequences for banks' balance-sheets, cost of funds and profitability, thus weighing...

Persistent link: https://www.econbiz.de/10013136644

Macro Stress Testing Euro Area Banks' Fees and Commissions

Kok, Christoffer - 2017

This paper uses panel econometric techniques to estimate a macro-financial model for fee and commission income over total assets for a broad sample of euro area banks. Using the estimated parameters, it conducts a scenario analysis projecting the fee and commission income ratio over a three...

Persistent link: https://www.econbiz.de/10012961950

Macroprudential Policy in a Monetary Union with Cross-Border Banking

Darracq Paries, Matthieu - 2019

We analyse the interaction between monetary and macroprudential policies in the euro area by means of a two-country DSGE model with financial frictions and cross-border spillover effects. We calibrate the model for the four largest euro area countries (i.e. Germany, France, Italy, and Spain),...

Persistent link: https://www.econbiz.de/10012889411

CoMap : Mapping Contagion in the Euro Area Banking Sector

Covi, Giovanni - 2019

This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral...

Persistent link: https://www.econbiz.de/10012894738

Leaning Against the Wind : Macroprudential Policy and the Financial Cycle

Kok, Christoffer - 2019

Should monetary policy lean against financial stability risks? This has been a subject of fierce debate over the last decades. We contribute to the debate about “leaning against the wind” (LAW) along three lines. First, we evaluate the cost and benefits of LAW using the Svensson (2017)...

Persistent link: https://www.econbiz.de/10012894739

Mapping Bank Securities across Euro Area Sectors : Comparing Funding and Exposure Networks

Hüser, Anne-Caroline - 2019

We present new evidence on the structure of euro area securities markets using a multilayer network approach. Layers are broken down by key instruments and maturities as well as the secured nature of the transaction. This paper utilizes a unique dataset of banking sector crossholdings of...

Persistent link: https://www.econbiz.de/10012871535

Do Bank Loans and Credit Standards Have an Effect on Output? A Panel Approach for the Euro Area

Cappiello, Lorenzo - 2010

Applying the identification strategy employed by Driscoll (2004) for the United States, this paper provides empirical evidence for the existence of a bank lending channel of monetary policy transmission in the euro area. In addition, and in contrast to recent findings for the US, we find that in...

Persistent link: https://www.econbiz.de/10013149067

Euro Area Banking Sector Integration - Using Hierarchical Cluster Analysis Techniques

Kok, Christoffer; Puigvert Gutierrez, Josep Maria - 2021

In this study we apply cluster analysis techniques, including a novel smoothing method, to detect some basic patterns and trends in the euro area banking sector in terms of the degree of homogeneity of countries. We find that in the period 1998-2004 the banking sectors in the euro area countries...

Persistent link: https://www.econbiz.de/10013317612

Bank Interest Rate Pass-Through in the Euro Area : A Cross Country Comparison

Kok, Christoffer; Werner, Thomas - 2021

The present paper investigates the pass-through between market interest rates and bank interest rates in the euro area. Compared to the large interest rate pass-through literature the paper mainly improves upon two points. First, a novel data set, partially based on new harmonised ECB bank...

Persistent link: https://www.econbiz.de/10013318106