expectations for NPLs are found to be effective in reducing banks' NPLs. The phase-in of the policies can temporarily reduce bank …

liquidity provision and the roles of the public budget and the central bank. The comparison also reveals that the role of fiscal … financial stability. This paper extends the existing research by zooming in on the specific topic of liquidity provision to … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the …

Asset encumbrance is a central concept in the context of banks’ liquidity crises, as it is associated with their … conduct an econometric analysis of the driving factors of banks’ asset encumbrance, highlighting the relevance of credit risk …. Building on these findings, we show that asset encumbrance indicators carry predictive information for bank-specific crises as …

-financial private sector. Looking at the lower percentile of output growth forecasts, i.e. growth at risk, captures the long … lending to the real economy under adverse conditions. These permanent growth-at-risk benefits ultimately outweigh the short …

results highlight the importance of the starting level of bank capital, bank asset quality, and banks' adjustments for the …

countries. The European Central Bank (ECB), jointly with the Banking Supervision Committee (BSC), has an interest in monitoring …

This paper offers an overview of the mandate of the European Central Bank (ECB), as defined by its objectives, the …

. Second, risk-based contributions can and should internalise specificities of banks and banking systems. This would tackle … moral hazard and facilitate moving forward with risk sharing measures towards the completion of the Banking Union in … parallel with risk reduction measures; this approach would also be preferable to lowering the target level of the DIF to take …