widespread stress, with adverse affects on bank intermediation thereafter. We discuss the bank capital and the bank funding … conclude by discussing the increasing extension of bank credit lines to non-bank financial intermediaries, as well as the role …

private sector bank branches in districts with greater exposure to state-owned banks experienced deposit withdrawals and … shortening of deposit maturity. In contrast, nearby vulnerable state-owned bank branches grew their deposit base and increased … pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank …

, eventually, greater reliance on liquidity support from the European Central Bank …

standard argument - that banks can - hinges on deposit inflows that are seeking a safe haven and provide banks with a natural … hedge to fund drawn credit lines and other commitments. We shed new light on this issue by studying the behavior of bank … deposit rates and inflows during the 2007-09 crisis. Our results indicate that the role of the banking system as a stabilizing …

-funded capital injections. However, on closer inspection the composition of bank capital shifted radically from one based on common …

lowers deposit spreads for both high-risk and low-risk banks. This adversely affects the balance sheets of high-risk bank …We investigate the transmission of central bank liquidity to bank deposits and loan spreads in Europe over the period … from January 2006 to June 2010. We find evidence consistent with an impaired transmission channel due to bank risk. Central …

minimize the length and severity of the recession, would require a stronger commitment to low interest rates for an extended …

This paper assumes that a central bank commits itself to maintaining an inflation target and then asks what measure of … the inflation rate the central bank should use if it wants to maximize economic stability. The paper first formalizes this … that a central bank that wants to achieve maximum stability of economic activity should use a price index that gives …

the ability of the central bank to alleviate the fiscal burden by influencing different terms in the government resource … seignorage is generated and subject to what constraints, (iii) whether central bank liabilities should count as public debt, (iv …) how central bank assets create income risk, and whether or not this threatens its solvency, and (v) how the central bank …