We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized …

We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized …

We identify the effects of negative interest rate policies on bank behavior using difference-in differences … mortgage margins is shown to depend on market power. Third, imposing negative rates on all central bank reserves causes banks …

We study the impact of China's 2013 implementation of Basel III on bank risk-taking and its responses to monetary … policy shocks using confidential loan-level data from a large Chinese bank. Guided by theory, we use a difference …-in-difference identification, exploiting cross-sectional differences in lending behaviors between highrisk and low-risk bank branches before and …

In this paper we empirically analyze the determinants of bank default risk (measured by the banks' CDS spreads) for … European banks during the period 2008-2018. We examine the effect of (1) bank business model characteristics, (2) sovereign … document that accommodative ECB actions in general lower bank default risk. We also show that the downward effect of monetary …

of monetary policy to bank lending and real activity. When the Fed Funds rate rises, banks with a larger income gap … factors known to affect the transmission of monetary policy to bank lending. It also holds on loan-level data, even when we …

policy shocks to bank lending and real activity. We first use a large panel of U.S. banks to show that the sensitivity of … bank profits to interest rates increases significantly with measured income gap, even when banks use interest rate … derivatives. We then document that, in the cross-section of banks, income gap predicts the sensitivity of bank lending to interest …

policy shocks to bank lending and real activity. We first use a large panel of U.S. banks to show that the sensitivity of … bank profits to interest rates increases significantly with measured income gap, even when banks use interest rate … derivatives. We then document that, in the cross-section of banks, income gap predicts the sensitivity of bank lending to interest …