Altunbas, Yener; Gambacorta, Leonardo; Marques-Ibanez, David - In: International Journal of Central Banking 10 (2014) 1, pp. 95-136
We investigate the effect of relatively loose monetary policy on bank risk through a large panel including quarterly information from listed banks operating in the European Union and the United States. We find evidence suggesting that relatively low levels of interest rates over an extended...