conceptualize the importance of collateral ? (b) how can the analytical integration of geographies of collateralized bank funding … contribute to the political economy of bank-based crisis interventions? (c) what are the political and institutional implications … at odds with bank-based liquidity injections (LTROs) that implicitly rely on private banks to preserve the role of …

to the ECB's Bank Lending Survey. Regarding direct effects on bidders, we find an easing impact on margins on loans to …

surplus of aggregate liquidity. In such scenarios, central bank interventions that directly lower the risky interest rate can … be more effective than reductions in the risk-free interest rate. Specifically, the central bank lends to the market at … central bank takes on greater credit risk, but achieves an outcome that is more productively efficient than simply reducing …

This paper studies the influence of central bank lending operations on the announcement effects of European banks … more on central bank lending facilities show more negative signaling effects. However, these effects are short-lived and …

paper, we find more complex effects on bank lending from Quantitative Easing (QE) introduced by the Federal Reserve Bank in … 2008. The novelty of our approach is to augment the model with bank-level heterogeneity. While there is a relation between … lending and the type of assets purchased by the central bank, the impact on similarly QE-exposed banks is also crucially …

This research investigated the influence of central bank transparency on credit expansion in 15 Asian nations (both … impact of central bank transparency on the credit spread. The findings indicate that central bank transparency plays a … crucial role in lowering credit spreads and facilitating credit expansion. In addition, the influence of central bank …

-section of individual bank portfolio decisions. For this purpose, an augmented version of the DSGE model of Gertler and Karadi … (2013), featuring a segmented banking sector, is estimated for the euro area and combined with a bank portfolio optimisation … approach using granular bank level data. An important feature of our modelling approach is that it captures the heterogeneity …