Delis, Manthos D; Kouretas, Georgios - Volkswirtschaftliche Fakultät, … - 2010
alia, for the potential endogeneity of interest rates and/or the dynamics of bank risk. Notably, among the banks of the … triggered increased risk-taking appetite of banks in search for yield. This paper uses approximately 18,000 annual observations … on euro area banks over the period 2001-2008 and presents strong empirical evidence that low interest rates indeed …