This paper exploits a novel bank-level monthly dataset to assess the effects of global liquidity on the global flows of … bank claims on extra-euro area residents, against a background of contracting euro area credit supply. Controlling for bank … supports a range of determinants of global liquidity - including global risk, global bank equity and unconventional monetary …

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 …

monetary policy actions and bank rescue measures have become increasingly intertwined. However, there are important differences …, not only between the EU and the United States (e.g. with regard to the involvement of the central bank), but also within … the EU (e.g. asset relief schemes). -- Bank rescue measures ; public crisis management …

This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based … monetary policy does alter bank loan supply, with the effects most dependent on the liquidity of individual banks. Unlike in … the US, the size of a bank does generally not explain its lending reaction. We also show that the standard publicly …

This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based … monetary policy does alter bank loan supply, with the effects most dependent on the liquidity of individual banks. Unlike in … the US, the size of a bank does generally not explain its lending reaction. We also show that the standard publicly …