This paper studies how banks simultaneously manage the two sides of their balance sheet and its implications for bank … risk taking and real economic activity. First, we analyze how changes in funding affect the supply of bank loans. We then …

Using the Bank for International Settlements (BIS) Locational Banking Statistics data on bilateral bank claims from … 1995 to 2014, we analyze the impact of monetary policy on cross-border bank flows. We find that monetary policy in a source … country is an important determinant of cross-border bank flows. In addition, we find evidence in favor of a cross …

Countercyclical bank capital requirements have emerged as a popular regulatory tool to help smooth financial cycles …. The idea is to reduce capital requirements when exogenous shocks cause aggregate bank capital to decrease so that …-consistent capital regulation requires that bank capital is rebuilt gradually during financial crises. In particular, banks must be able …

Central banks have been considering the introduction of central bank digital currencies (CBDCs). The theoretical … financial stability. To provide empirical evidence on this debate, we study the effects of the arrival of a new central-bank … issued currency on commercial banks in a historical setup. We use the opening of the Bank of Canada in 1935 as a natural …

dimension along which one can identify structural shocks and perform hypothesis tests. We provide an application to bank runs … and non-insured banks) and across variables (as in macro SVARs). We thus (i) identify bank runs, (ii) quantify the … promise for the approach and has strong policy implications. -- Identification ; SVAR ; panel-VAR ; Heterogeneity ; bank run …

imperfectly elastic supply of bank equity stemming from financial market segmentation. In our model, equity is costly and serves … and the design of bank stress testing. …

The paper employs a unique identification strategy that links survey data on household consumption expenditure to bank …-level data in order to estimate the effects of bank financial distress on consumer credit and consumption expenditures …

monetary policy is tight and when the financial health of banks is weaker. The results are consistent with a bank lending …