seven different bank interest rates in 30 European countries, different approaches, and the full sample as well as a …

The typical portrait of monetary policy has the banks and the money supply being manipulated through changes in bank … reserves. However, with only a small portion of bank deposits now subject to reserve requirements, an alternative explanation … requirements for monetary policy. In particular, we identify a "bank balance-sheet channel" of monetary policy, which operates …

rules, supervision, and market discipline-of the bank regulatory framework envisioned by the New Basel Accord (Basel II). It …

euro area Bank Lending Survey to assess the effectiveness of macro-prudential policies in containing credit growth and … house price appreciation in mortgage markets. We find instruments targeting the cost of bank capital most effective in …

this period. Using quarterly bank-level data covering 2002-08, we find evidence that liquidity-constrained banks have … a retail-banking focus when fiscal policies are prudent.The results are statistically weak, suggesting that bank lending …

-TAKING INSTITUTIONS -- IV. CREDIT RISK AND BANK LENDING DECISIONS -- V. CONCLUSIONS AND ISSUES GOING FORWARD: CREATING THE INCENTIVES AND …

We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long …-based: scalable, shortterm, capital constrained, and with the ability to generate risk from concentrated positions. When a bank … inefficiencies. A bank may allocate too much capital to trading ex-post, compromising the incentives to build relationships ex …

pronounced when either initial bank capitalization is thin or when monetary policy is tight. Moreover, in the face of credit …