We find evidence of a bank lending channel for the euro area operating via bank risk. Financial innovation and the new … ways to transfer credit risk have tended to diminish the informational content of standard bank balance-sheet indicators …. We show that bank risk conditions, as perceived by financial market investors, need to be considered, together with the …

strength of the bank lending channel, recent evidence shows that bank-specific characteristics can have a large impact on the …

lending view" of monetary transmission. Specifically, the policies have had a greater impact on loan supply of banks that are …

This paper investigates the relationship between short-term interest rates and bank risk. Using a unique database that … banks' risk. This result holds for a wide range of measures of risk, as well as macroeconomic and institutional controls. …

We study how monetary policy and risk shocks affect asset prices in the US, the euro area, and Japan, differentiating …. Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover … effects to risk. Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers …