Central Bank's policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks' funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

Central Bank's policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks' funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

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

develops a simple analytical framework to study the impact of central bank policy-rate changes on banks' credit supply and risk …-taking incentives. Unobservable expost bank monitoring of loans creates an external-financing constraint, which determines bank leverage …. Unobservable, costly ex-ante screening of borrowers determines the level of bank risk-taking. More risk-taking tightens the …

Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank …

In this paper, we study the determinants of credit risk in the Greek banking sector. Credit risk is related to bank … asset quality and considered responsible for bank failures. In this context, we investigate how loan quality can be … financial crisis in Greece. The results of Generalized Method of Moments (GMM) estimations indicate that LLP is positively …

monetary policy does alter bank loan supply, with the effects most dependent on the liquidity of individual banks. Unlike in … the US, the size of a bank does generally not explain its lending reaction. We also show that the standard publicly … ihres Liquiditätsgrads variiert. Im Gegensatz zu den USA ist im Allgemeinen die Größe einer Bank kein direkter …

This paper uses panel data on banks, for the period 1991-98, to test the existence of a bank-lending channel in the … analyse the differential responses, to monetary policy changes, of bank lending by banks with different size, liquidity and … results are mostly against the existence of a bank-lending channel in the period under analysis. This result appears to be …

This paper analyses empirically the role of bank lending in monetary policy transmission on the basis of Greek bank … variables to bank loans in the spirit of Kashyap and Stein's work. The other, which in general yields more satisfactory results … balance-sheet characteristics on banks' ability to supply loans and investigates directly the behaviour of bank loan supply. A …