Recession and sovereign debt crisis, many central banks have pursued ultra-easy and far reaching unconventional monetary …, markets have been expecting a reversal of the interest rate cycle for some time now. As a result, the risk of – possibly …

This paper studies the extent to which monetary policy may affect banks' perception of credit risk and the way banks … indicators on banks' risk weights for credit risk. We present robust evidence of the existence of the risk-taking channel in the … possible side-effects of monetary policy on how banks measure risk. …

policy intervention on the insurance industry. We first analyze the impact on the stock performances of 166 (re)insurers from …

capture differences in credit market integration by variations in the cost for banks to grant credit for cross …

The determinants of default risk of banks in emerging economies have so far received inadequate attention in the … the economy. Public sector banks have shown significant performance in containing bad debts. Private banks have continued … to be stable in containing bad debts, as they have better risk management procedures and technology, which definitely …

on the role of banks for monetary transmissions. A bank-based corporate financing friction is introduced and the relative …

, not defined in a market, but by the collateral frameworks and interest rate policies of central banks. Using the …

We study how the subjective beliefs about loan repayment on the side of liquidity-constrained banks affect the central … bank's choice of collateral standards in its lending facilities. Optimism on the side of banks, entailing a higher … banks' belief distortions and always induce the socially optimal allocation. Under uncertainty about beliefs, the central …

unique collateral leverage channel, which cannot be replicated by standard capital requirements. Through this channel, banks …

We show that nonbanks (funds, shadow banks, fintech) affect the transmission of monetary policy to output, prices and … the distribution of risk via credit supply. For identification, we exploit exhaustive US loan-level data since the 1990s …, borrowerlender relationships and Gertler-Karadi monetary policy shocks. Higher policy rates shift credit supply from banks to …