the change in eligibility criteria for collateral in central bank refinancing operations. Our results show that market … observe a broad-based flight to liquidity. The European Central Bank's unconventional monetary policy had a strong impact on …

objective of the thesis was twofold; to assess the cost impact of Basel III on bank capital, lending spreads, and steady state … banks to increase lending spreads to pass down a portion of the relevant costs to bank customers. The impact of 1 pp rise in … testing exercise revealed only a modest change in capital ratios and bank profitability in the baseline scenario. The impact …

We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institu- tions (O …

This paper assesses the merits of countercyclical bank balance sheet regulation for the stabilization of financial and … equilibrium model with banks and bank capital, in which bank capital solves an asymmetric information problem between banks and …, though banks do not internalize this impact. Regulation, in the form of a constraint on bank leverage, can mitigate the …

economic growth? Economic Inquiry 49, 276-288] find a weakening effect of bank finance on growth for more recent periods in …