-run supply of bank credit. As U.S. bond rates have fallen, the pass-through of monetary shocks to loan and deposit rates has … weakened while the spread on U.S. bank loans has risen. I build a model in which banks earn deposit and loan spreads, deposits … dampened at low rates, because deposit spreads act as a better hedge for bank equity against unexpected monetary shocks. In the …

Loan guarantees represent a form of government intervention to support bank lending. However, their use raises concerns … as to their effect on bank risk-taking incentives. In a model of financial fragility that incorporates bank capital and a … bank incentive problem, we show that loan guarantees reduce depositor runs and improve bank underwriting standards, except …

strength of the bank lending channel, recent evidence shows that bank-specific characteristics can have a large impact on the … mechanism particularly in a period of crisis. - Bank lending channel ; monetary policy ; financial innovation …

how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …

overnight unsecured loans. Using proprietary bank-level data, we find that interbank rate uncertainty signi cantly raises … positions and greater access to central bank funding. …

How much of the heterogeneity in bank loan pricing is explained by disparities in banks' attitude towards risk? The … answer to this question is not simple because there are only very weak proxies for gauging the degree of a bank's risk … confirm that disparities in market power, banks' funding costs, and banks' funding risks are re ected in bank lending rates …

We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institu- tions (O …

explain about two-thirds of the variation of bank capitalization over the business cycle. We estimate that provisioning …