supporting evidence for the bank risk-taking channel of monetary policy. We show that banks charge lower spreads when they lend … are low is robust to borrower-,loan-, and bank-specific factors as well as to macroeconomic factors known to affect loan … rates. The discount is also robust to bank-firm fixed effects. Finally, our tests that build on the micro information banks …

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 …

-issued bank notes (national bank notes) and central bank-issued bank notes (Federal Reserve notes) were simultaneously in … Federal Reserve notes were not issued to be a superior currency to national bank notes. Rather, they were issued to enable the … eventually eliminate national bank notes was that they were potentially a source of bank reserves. As such, they could have …

This paper examines the experience of Sweden with government notes and private bank notes to determine how well the … government notes in circulation for more than 350 years, and it had government notes before private bank notes. Several … differences between the experience of Sweden and that of Canada and the U.S. emerge. (i) Swedish bank notes were safe; in some …

We model bank management actions in severe stress test conditions using a game-theoretical framework. Banks update …

evidence reveals that (i) the top three banks, RBC Financial Group, TD Bank Financial Group, and Scotiabank are more …

device. This paper investigates how people react to sunspots in the context of a bank-run game in a controlled laboratory …