innovations in the client book (i.e. non-bank deposit taking and lending). The resulting interbank book affects the bank …This paper explores the economics of interbank lending and borrowing using bank-balance sheet data for Germany, the … implications for allocative efficiency and financial stability. A typical bank in our sample holds a significant amount of term and …

banks. Quantitative assessment indicators that are extracted from a central bank's public statements via the balance …

multiple bank defaults driven by common shock exposure on asset markets, direct contagion via the interbank market, and … firesale spirals. The central bank injects or withdraws liquidity on the interbank markets to achieve its desired interest rate … detrimental effects of higher risk taking incentives.We find that central bank supply of liquidity quite generally increases …

banks. Quantitative assessment indicators that are extracted from a central bank's public statements via the balance …

banks. Quantitative assessment indicators that are extracted from a central bank's public statements via the balance …