In this study, I analyze the heterogeneous dynamics of the bank risk-taking channel of monetary policy under different … environment exhibits heterogeneity across different bank business models. In addition, I find that the heterogeneity lies in the …

The recent financial crisis highlighted the role of Bank Holding Companies (BHCs) in exacerbating the crisis and in … monetary policy and market innovations on bank behavior in the presence of Basel III type regulations. To our knowledge, this … trading business, and show that regulations that target bank governance can mitigate possible rogue trading and the over …

models used at the European Central Bank, that in the long run, a 1% bank capital requirement increase has a small impact on … transmission mechanism. Higher bank leverage increases the economy's vulnerability to shocks but also monetary policy's ability to …

Central Bank's policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks' funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …

how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …

This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank … holding newly eligible assets experience a reduction in their cost of funding and increase loan supply compared to banks …

Central Bank’s policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks’ funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

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 …