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This paper provides evidence of a highly fragmented European interbank market that is tightened during the COVID-19 pandemic, when the interbank market was under stress. Using a unique dataset of unsecured, overnight interbank loans at the transactional level allows me to apply advanced panel...
Persistent link: https://www.econbiz.de/10014481123
the bank lending channel, which considers how central bank actions affect deposits, loan supply, and real spending. The … rate. This paper employs the endogenously determined target interest rate emanating from the central bank's monetary policy … rule to examine the operation of the bank lending channel. Furthermore, it examines whether different bank …
Persistent link: https://www.econbiz.de/10013008023
This paper analyzes the implications of the gradual rise in bank concentration since the 1990s for the transmission of … the level of local bank concentration and bank capitalization. I find that banks operating in high-concentration markets … in local deposit and loan markets, along with bank capital requirements, lead to frictions on the pass-through to the …
Persistent link: https://www.econbiz.de/10014251891
conditions, credit default and bank capitalization for the transmission of macroeconomic shocks. We fit the model to euro area … empirical literature, i.e. the pro-cyclicality of bank profitability and the counter-cyclical response of firm default rates and …
Persistent link: https://www.econbiz.de/10011557772
Persistent link: https://www.econbiz.de/10012269741
Persistent link: https://www.econbiz.de/10012430976
The aim of this study is to explore the relation between loan portfolio quality and lending in European banks over 2005-2014. We focus on lending behavior of banks from distressed countries since the Euro sovereign debt crisis. Our results confirm the existence of a negative nexus between poor...
Persistent link: https://www.econbiz.de/10012958454
In this paper, we analyze the impact of business models on bank stability in 15 EU countries between 2002 and 2011. We …-deposit funding on bank stability …
Persistent link: https://www.econbiz.de/10013036239
This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank …
Persistent link: https://www.econbiz.de/10013279271
This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank …
Persistent link: https://www.econbiz.de/10013336407