Central Bank's policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks' funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

Central Bank's policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks' funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

the level of bank capitalization. These findings for the euro area are strikingly different from the U.S. banking industry …

interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets … market rates. As low profitability could hamper the ability of banks to expand lending, I also investigate the impact of the …

the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for …

the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for …

Central Bank’s policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks’ funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

central banks' signaling capacity. In some countries, a tiered central bank deposit rate has facilitated the pass-through to … money markets, while mitigating the direct costs of negative rates to banks. Nevertheless, going forward, reduced bank … profitability might override possible mitigating effects from higher asset prices and could impair the transmission to lower lending …

We analyse the impact of standard and non-standard monetary policy measures on bank profitability. For empirical … monetary policies on market-based measures of expected bank profitability and credit risk, by employing an event study analysis … identification, the analysis focuses on the euro area, thereby exploiting substantial bank and country heterogeneity within a …