The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically … lending channel within the United States is declining in strength as banking becomes more globalized …

Because of secrecy, little is known about the political economy of central bank lending. Utilizing a novel, hand …, highlighting the importance of governance for this core function of central banks. We show that, when faced with a banking panic in … to connected banks. Connected lending of last resort fueled the worst banking crisis in French history, caused an …

The main result of the quick reactions of the Federal Reserve (the Fed) and the European Central Bank (ECB) to the … debts held by the ECB knowing that the capital of the bank is ultimately held by the 19 states of the Eurozone. We explain …

After the announcement of the corporate quantitative easing program by the European Central Bank, nonfinancial …

After the announcement of the European Central Bank’s corporate quantitative easing program, non-financial corporations …

into the banking system, especially with impaired bank balance sheets. …