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Cross-border effects of prudential regulation : evidence from the euro area
Franch, Fabio; Nocciola, Luca; Żochowski, Dawid - 2019
We analyse the cross-border propagation of prudential regulation in the euro area. Using the Prudential Instruments … Database (Cerutti et al., 2017b) and a unique confidential database on balance sheets items of euro-area financial institutions … we estimate panel models for 248 banks from 16 euro-area countries. We find that domestic banks reduce lending after the …
Persistent link: https://www.econbiz.de/10012009222
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Negative rates, monetary policy transmission and cross-border lending via international financial centres
Andreeva, Desislava Č.; Coman, Andra; Everett, Mary; … - 2023
euro-area data, including bank-level data from France, we find that NIRP does not influence overall cross-border lending …
Persistent link: https://www.econbiz.de/10013547998
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Knightian uncertainty and credit cycles
Gerba, Eddie; Żochowski, Dawid - 2017
The Great Recession has been characterised by the two stylized facts: the buildup of leverage in the household sector in the period preceding the recession and a protracted economic recovery that followed. We attempt to explain these two facts as an information friction, whereby agents are...
Persistent link: https://www.econbiz.de/10011656163