We examine the dynamics of bank lending to the private sector for countries of the Euro area by applying a Markov … comovement with the development of the stock market. We interpret this as evidence for constraints in bank lending. In contrast …

the possible conflict of interest between monetary policy and the supervision authority within the European Central Bank … addition to the structure of bank supervision, a list of independent variables is considered to explain the dependent variable …

interest rate pass-through to bank retail rates following conventional and unconventional monetary policy shocks. The median … crisis and the coronavirus pandemic. From mid-2013 to 2015-16, the monetary policy pass-through to the bank lending rate … monetary policy shocks grows substantially since the onset of unconventional measures in 2011, changes in bank retail rates …

We contribute to the empirical literature on the impact of shocks to bank capital in the euro area by estimating a … economy, namely a demand shock and a shock to bank capital. The main findings of the paper are as follows: i) Impulse …-response analysis shows that in response to a shock to bank capital, banks boost capital ratios by reducing their relative exposure to …

With the global crisis, the policy stance around the world has been shaken by massive government and central bank … financed by the monopoly supply of central bank credit. Fiscal deficits can thus be considered functional to the objective of … bank credit, thus introducing national solvency risks. This is a crucial flaw in the institutional structure of Euroland …