We study banks' post-crisis liquidity management. We construct time series of U.S. banks' holdings of high … Ratio (LCR) requirement. We find that, in becoming LCR compliant, banks initially ramped up their stock of reserve balances …. However, once the requirement was met, some banks subsequently shifted the compositions of their liquid portfolios …

This paper updates the standard workhorse model of banks' reserve management to include frictions inherent to money …

We investigate how liquidity regulations affect banks by examining a dormant monetary policy tool that functions as a …-quality liquid asset (HQLA) requirement around an exogenous threshold. We show that mandated increases in HQLA cause banks to reduce … credit supply. Liquidity requirements also depress banks' profitability, though some of the regulatory costs are passed on to …

higher incidence of failure as well as more costly failures. None of these patterns are present in commercial banks subject …

In January 2006, federal regulators issued guidance requiring banks with specific high concentrations of commercial … real estate (CRE) loans to tighten managerial controls. This paper shows that banks with concentrations in excess of the … bank or economic conditions. Moreover, banks above the CRE thresholds tended to have slower commercial and industrial loan …

Stylized facts suggest that bank lending behavior is highly procyclical. We test a new hypothesis that may help explain … bank's lending cycle that results in an easing of credit standards. This easing of standards may be compounded by … individual U.S. banks over the period 1980-2000. We employ over 200,000 observations on commercial loan growth measured at the …

. In this paper, I offer evidence on the efficacy of a new tool known as funding for lending, which provides banks with … cheap funding succeeded in generating more lending by countering banks' excessive liquidity preference. The additional … provided banks with steeply subsidized loans to promote the expansion of credit within their local communities. I show that the …