the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for …

framework were more likely to require public support during the crisis. We instrument some characteristics of bank balance … sheets with these prudential indicators to investigate how they affect bank resilience. The share of non-interest income …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … leading indicator for euro area bank credit and real GDP growth. Notwithstanding the short history of the survey, the findings … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

unique Euro area bank lending surveys. Embedding this information within a standard VAR model, we find that: (1) the credit … monetary policy shock on GDP and inflation; (3) for business loans, the impact through the (supply) bank lending channel is … contributed significantly to the reduction in GDP. - Non-financial borrower balance-sheet channel ; Bank lending channel ; Credit …