dimensionality reduction optimally, given the nature of our dataset which features a large number of dimensions for each bank ('fat …

between monetary policy (MP) and bank stability. This technical paper sheds light, quantitatively, on the different mechanisms … underlying the relationship between MP and bank stability. It does so by reviewing microeconometric studies from the academic … touchstone. First, it provides a brief overview of the main theoretical channels linking bank stability and the transmission of …

We provide evidence on the estimated effects of digital euro news on bank valuations and lending and find that they … bank intermediation and the economy. Under empirically-relevant assumptions (i.e., central bank collateral requirements and … through an expansion of the central bank balance sheet and profits. The issuance of CBDC exerts a smoothing effect on lending …

heterogeneous beliefs about bank stability that accounts for this evidence. Consumers who are sufficiently pessimistic prefer to … hold cash. In our model, the introduction of a central bank digital currency (CBDC) as a store of value that is superior to … cash leads to bank disintermediation as some depositors opt for switching to CBDC based on their beliefs. While CBDC …

We compare the findings of central bank researchers and academic economists regarding the macroeconomic effects of … quantitative easing (QE). We find that central bank papers find QE to be more effective than academic papers do. Central bank …, both statistically and economically, and they use more positive language in the abstract. Central bank researchers who …

culture. However, the role of cognitive processes has largely been neglected, especially in the analysis of central bank trust …. In this paper we aim to address this gap focusing on the case of the European Central Bank (ECB).We introduce the … driven by women, and in particular by those who say they possess a low understanding of the central bank's policies. …

We study the effects of a temporary Green QE, defined as a policy that temporarily tilts the central bank's balance …