Narrow search
Showing 1 - 10 of 1,352
Cover Image
Banks, shadow banking, and fragility
Luck, Stephan; Schempp, Paul - 2014
Persistent link: https://www.econbiz.de/10010441156
Cover Image
Markets, banks, and shadow banks
Martinez-Miera, David; Repullo, Rafael - 2019
We analyze the effect of bank capital requirements on the structure and risk of a financial system where markets …
Persistent link: https://www.econbiz.de/10011975503
Cover Image
When shadows grow longer : shadow banking with endogenous entry
Arce, Óscar; Hurtado, Samuel; Thomas, Carlos - 2016
Persistent link: https://www.econbiz.de/10011618782
Cover Image
Macroprudential regulation and leakage to the shadow banking sector
Gebauer, Stefan; Mazelis, Falk - 2020
Macroprudential policies are often aimed at the commercial banking sector, while a host of other non-bank financial … institutions, or shadow banks, may not fall under their jurisdiction. We study the effects of tightening commercial bank regulation … requirements on commercial banks increase shadow bank lending, which may have adverse financial stability effects. Coordinating …
Persistent link: https://www.econbiz.de/10012216425
Cover Image
Mapping bank securities across euro area sectors : comparing funding and exposure networks
Hüser, Anne-Caroline; Kok Sørensen, Christoffer - 2019
We present new evidence on the structure of euro area securities markets using a multilayer network approach. Layers are broken down by key instruments and maturities as well as the secured nature of the transaction. This paper utilizes a unique dataset of banking sector crossholdings of...
Persistent link: https://www.econbiz.de/10011997550
Cover Image
Financial systems and the role of banks in monetary policy transmission in the euro area
Ehrmann, Michael (contributor) - 2001
Persistent link: https://www.econbiz.de/10001637049
Cover Image
Money, credit, monetary policy and the business cycle in the euro area : what has changed since the crisis?
Giannone, Domenico; Lenza, Michele; Reichlin, Lucrezia - 2019
This paper studies the relationship between the business cycle and financial intermediation in the euro area. We establish stylized facts and study their stability during the global financial crisis and the European sovereign debt crisis. Long-term interest rates have been exceptionally high and...
Persistent link: https://www.econbiz.de/10011959310
Cover Image
Investment funds, risk-taking, and monetary policy in the euro area
Giuzio, Margherita; Kaufmann, Christoph; Ryan, Ellen; … - 2021
We examine the transmission of monetary policy via the euro area investment fund sector using a BVAR framework. We find that expansionary shocks are associated with net inflows and that these are strongest for riskier fund types, reflecting search for yield among euro area investors. Search for...
Persistent link: https://www.econbiz.de/10012648836
Cover Image
Financial reforms and innovation : a micro-macro perspective
Boikos, Spyridon; Bournakis, Ioannis; Dimitris, … - 2021
We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial reforms affect R&D investment and patent activity. First, a "micro" reformthat abolishes barriers to entry in the banking sector produces a straightforward result: a decrease in...
Persistent link: https://www.econbiz.de/10012508542
Cover Image
Investment funds, monetary policy, and the global financial cycle
Kaufmann, Christoph - 2020
financial markets world-wide gained importance during the post-crisis "second phase of global liquidity" (Shin, 2013). The … coincide with increased debt and equity issuance. The findings demonstrate the growing importance of non-bank financial …
Persistent link: https://www.econbiz.de/10012316994