We assess the impact of the Eurosystem's Targeted Long-Term Refinancing Operations (TLTROs) on the lending policies of …

We quantify the impact that central bank refinancing operations and funding facilities had at reducing the banking … reduction (increase) in the ECB lending rate of its refinancing operations reduces (increases) the median of banks’ default risk …

in the ECB's main refinancing operations (MROs) during the ongoing turmoil in money and financial markets. We employ a … that increased bid rates during the turmoil can be explained by, inter alia, the increased individual refinancing motive …

of death. However, there is little evidence of an inheritance “boom.” In fact, from 1989 to 2007, the share of households …

of death. However, there is little evidence of an inheritance “boom.” In fact, from 1989 to 2007, the share of households …

Using microdata from the Household Finance and Consumption Survey (HFCS), this study examines the role of inheritance …. First, about one third of the households in the 13 European countries we study report having received an inheritance, and … households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net …

This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information …