addition to general sluggishness, bank deposit rates' reactions are clearly asymmetric: flexible when market rates are …

This study examines the cross-border impact of central bank interest rate changes, using the example of the German … Bundesbank. We examine the price impact of rate changes on both the general stock markets and on bank stocks in seven other … transfers. Both nonGerman bank stocks and general equities react significantly to a large number of the Bundesbank rate changes …

should more closely match the risk characteristics of loans and deposits. For the euro area, imputed bank output is, on … area GDP (at current prices) between 0.16 and 0.27 percent. - Bank output ; FISIM ; risk ; loan interest rates ; deposit …

of the less regulated, so-called shadow banking sector. Employing flow-of-funds data for the Euro Area's non-bank banking … increase in non-bank banking). Overall intermediation activity, hence, has remained roughly at the same level. Moreover, our … findings also suggest that non-bank banks have tended to take positions in riskier assets (particularly in equities). In line …