hypothetical exercise with fixed balance sheet ratios, we find that a complete suspension of bank dividends in 2020 during the … Covid-19 pandemic would have added, under different stress scenario, an additional US$ 0.8–1.1 trillion of bank lending …

We analyze whether the impact of monetary policy on bank risk depends upon bank characteristics. We relate the … materialization of bank risk during the financial crisis to differences in the monetary policy stance and bank characteristics in the … the insulation effect produced by capital and liquidity buffers on bank risk was lower for banks operating in countries …

This paper investigates how monetary policy affects bank profitability. We use data for 109 large international banks … short-term rates and the slope of the yield curve (the "interest rate structure", for short), on the one hand, and bank … that, over time, unusually low interest rates and an unusually flat term structure erode bank profitability …

This paper investigates how the prolonged period of low interest rates affects bank intermediation activity. We use …

dynamic model of optimal bank liability structure that incorporates bank runs, regulatory closure and endogenous default …. Using the supervisory data provided by the Bank of Italy, we empirically test these predictions by exploiting exogenous … bank: well-capitalized banks respond to a reduction in tax rates by increasing their assets, but poorly-capitalized banks …

Italy, alleviate the difficulties that Small and Medium Enterprises (SMEs) face when they ask for a bank loan. We find that …