In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the …

restructuring models in Europe. These options reveal different policy approaches to the regulation of restructuring and insolvency …

shocks induced by the pandemic to their liquidity, viability and solvency. For this purpose, we develop novel multi … their debt, and on their liquidity and solvency positions. Applying the October 2020 WEO baseline and adverse scenarios, we … the initial shock as earnings recover in line with projected macroeconomic conditions, liquidity needs remain substantial …

measure each firm's liquidity shortfall during and after COVID-19. Our framework allows for a rich combination of sectoral and …, Education, and Other Services are among the most affected sectors. The jobs at risk due to COVID-19 related SME business … estimate only moderate effects on the financial sector: the share of Non Performing Loans on bank balance sheets would increase …

on numerous historical documents, we show that liquidity ratios similar to the Liquidity Coverage Ratio (LCR) were … mechanisms described by contemporary central bankers, in which an increase in the liquidity ratio has contractionary effects …

generally sought to allow debtors a fresh start while minimizing moral hazard and preserving bank solvency and credit discipline …

Global excess liquidity is sometimes believed to limit sovereign monetary policy even in large economies, including the … euro area. There is much discussion about what constitutes global excess liquidity and our approach adjusts liquidity for … longer-term interest rate and output effects. We find that especially excess liquidity in the U.S. leads developments in euro …