evolution of bank credit. We use a unique loanlevel dataset comprising multiple credit registers from several European countries … with borrower and bank-level characteristics and with indicators summarising macroprudential and monetary policy actions …. We find that monetary policy easing increases both bank lending and lending to riskier borrowers, especially when there …

We analyse the impact of standard and non-standard monetary policy measures on bank profitability. For empirical … identification, the analysis focuses on the euro area, thereby exploiting substantial bank and country heterogeneity within a … monetary union where the central bank has implemented a broad range of unconventional policies, including quantitative easing …

We assess the impact on bank bond holdings of regulatory changes in the requirements for bail-inable liabilities …) induced banks to increase their holdings of eligible bank bonds, especially if issued by other banks. The requirement for own … debt issued by global systemically important banks. Finally, we find evidence of increased within-country bank …

euro area firms allow studying the determinants of the external finance premium at the country, bank, firm, and contract … variance. The rest is predominantly attributed to variances at the bank and firm levels, which are influenced by the respective …