information (data collection and processing) and communication (relationships and distribution). Both follow historic trends … towards an increased use of hard information and less inperson interaction, which are accelerating rapidly. We point to more … rely on access to balance sheets, while platforms can interject themselves between banks and customers. We discuss …

partial equilibrium model of euro area funds and banks calibrated over the period between 2008 and 2017. An initial shock to … yields causes funds to sell assets to address investor redemptions, while both banks and funds sell assets to keep their … banks. However, funds' relative contribution has risen due to their increased assets under management and banks' lower …

provisions tend to be more procyclical at larger and better capitalized banks. The procyclicality of loan loss provisions can …

, comprehensive dataset of over one million loans by savings banks in Germany. We find that loans of retail customers, who have a … relationship with their savings bank prior to applying for a loan, default significantly less than customers with no prior … have inherent private information and are valuable in screening, in monitoring, and in reducing consumers' incentives to …

level for the banks that have been subject of the 2018 EBA stress tests. Therefore, we perform a holistic review of the …

growing evidence that negative policy rates are special because the pass-through to banks' retail deposit rates is hindered by … a zero lower bound. We summarize existing work on the impact of negative rates on banks' lending and securities …

develops a simple analytical framework to study the impact of central bank policy-rate changes on banks' credit supply and risk … for a policy-rate cut to become contractionary ("reversal"). Reversal can occur even though banks' net-interest margins … banks have market power, a policy-rate cut can increase lending and still lead to risk-taking. We use our analytical …

Systemically Important Banks (G-SIBs) on bank lending behaviour. Using a difference-in-differences estimation strategy, we find no … loan-specific risk factors for the affected banks. Moreover, we detect a significant decline in the pricing gap between … interest rates charged by G-SIBs and other banks, which we interpret as indirect evidence for a reduction in funding cost …

We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized … in a financial crisis ('SRisk'). We find that the risk impact of negative rates is moderate, and depends on banks …' business models: Banks with diversified income streams are perceived by the market as less risky, while banks that rely …