demand schedule of the representative bank is relatively flat around the middle of the interest rate corridor set by the … standing facilities. This suggests that liquidity effects on the overnight inter-bank rate should be very muted on this day …. Our calibration exercise suggests that the probability of an individual bank's daily overdraft in the euro area is very …

We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …

This paper contributes to the current literature dealing with the drivers of bank business model changes by analyzing … the relationship between fee and commission income share and banks' performance in terms of profitability, risk and risk …-adjusted profitability in the European Union. We apply System Generalized Method of Moments on a unique data set of 329 EU banks in 2005 …

The paper analyses the impact of import penetration on firms’ profitability in 15 manufacturing industries in 10 euro … competition from emerging market economies has had an overall negative impact on companies’ profitability in the euro area … profitability. Finally, we find asymmetric effects on profitability across euro area countries and sectors. …

On 23 June 2010, the Magyar Nemzeti Bank and SUERF jointly organised a conference on "The Future of Banking in CESEE … at the European Bank for Reconstruction and Development, on "The role of domestic financial markets in an integrated …

factor. The pull factor captures flows of bank loans to the domestic non-financial private sector. An increase in these flows … less clear-cut. The paper also shows that variations in the flows of bank loans to the non-financial private sector (i …

resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …