natural experiment to study the effects of reduced bank capital adequacy on productivity. Affected banks respond not only by …

prominent policy prescriptions - lower exposure of banks to domestic sovereign debt or a commitment not to bailout banks - can … pooling of debt (such as European safe bond aka. ESBies). A backstop by the central bank (such as the ECB's Transmission …

-country bank-level data we find that after a tightening of household-specific macroprudential policy during a credit expansion … unexpected policy tightening. Further evidence from bank lending standards surveys suggests that the leakage effects are stronger …

analyzes the implications of the change from IAS 39 to IFRS 9 in the context of bank resilience. We shed light on two effects … bank resilience through lower capital levels. In the absence of archival data of IFRS 9 and their potential biases due to … the COVID-19 pandemic, we use the European bank stress test results as a natural experiment, in which all banks are …

in line with the economic conditions they face. Bank responses feed back to the macroeconomic environment affecting …

contagion which can be used to calibrate bank-specific capital and liquidity requirements and large exposures limits. We find … non-linear function of the combination of network structures and bank-specific characteristics. …

change in NPL ratios tends to depress bank lending volumes, widens bank lending spreads and leads to a fall in real GDP …

estimate the impact of the ECB's dividend recommendation on bank lending and risk-taking. To address identification issues, we …