Showing 1 - 10 of 5,074
This paper studies how banks simultaneously manage the two sides of their balance sheet and its implications for bank … risk taking and real economic activity. First, we analyze how changes in funding affect the supply of bank loans. We then …
Persistent link: https://www.econbiz.de/10010488964
Exploiting a granular dataset of banks' security holdings I assess the impact of unconventional monetary policy on bank … bank constant at its level in January 2014, well in advance of an anticipation of the ECB's asset purchase program (APP … data on bank-specific TLTRO uptakes, my results do not seem to be driven by alternative, liquidity-driven transmission …
Persistent link: https://www.econbiz.de/10012898444
We analyze the impact of monetary policy on bilateral cross-border bank flows using the BIS Locational Banking …-border bank flows. In addition, we find evidence in favor of a cross-border bank portfolio channel. As relatively tighter monetary …
Persistent link: https://www.econbiz.de/10011967372
This paper studies the impact of unconventional monetary policy on bank lending and security holdings. I exploit …- yielding credit portfolio. Making use of data on bank-specific TLTRO uptakes, my results do not seem to be driven by …
Persistent link: https://www.econbiz.de/10012914660
countercyclical bank markups. Markup increments during recessions directly increase borrowing costs for firms and indirectly damage … model. -- small open economy ; countercylical bank markups ; exchange rate regimes ; Bayesian estimation ; balance sheet …
Persistent link: https://www.econbiz.de/10003730512
bank-level dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the crisis) and … the existence of a potent global bank lending channel. In response to changes in U.S. monetary conditions, U.S. banks … strongly adjust their cross-border claims in both the pre and post-crisis period. However, we also find that U.S. bank …
Persistent link: https://www.econbiz.de/10011336667
We analyze the impact of quantitative easing by the Federal Reserve, European Central Bank and Bank of England on cross … and UK, respectively. In general QE works at short maturities across bank locations and loan currencies, more strongly for …
Persistent link: https://www.econbiz.de/10012052426
Pakistan. It also examines whether TMP influences banks’ credit expansion di erently across bank size and liquidity position … CBs with an unbalanced annual bank-level panel dataset covering the period 2005-2016. The results reveal that both types … consideration the type of banking, bank size, and liquidity position to e ectively control credit amounts in the economy …
Persistent link: https://www.econbiz.de/10013299309
alternative measures of monetary policy on banks'credit supply, we include several bank-specific and macroeconomic variables in …
Persistent link: https://www.econbiz.de/10013305972
Using panel dataset of 9,421 banks from 59 countries over the period 2009-2018 and Differences-in-Differences framework, this paper aims to assess the effects of negative interest rates on banks' risk-taking. We find that banks' risk-taking has been lower in countries where negative rates have...
Persistent link: https://www.econbiz.de/10012847668