Altunbaş, Yener; Bondt, Gabe de; Marqués-Ibáñez, David - In: Kredit und Kapital 37 (2004) 4, pp. 443-464
Bank Capital, Bank Lending, and Monetary Policy in the Euro Area This paper provides arguments and evidence in favour of the hypothesis that bank capital matters for euro area banks' loan response to a change in monetary policy. Bank-level panel data estimates for 1991-1999 show that the lending...
