Systemically Important Banks (G-SIBs) on bank lending behaviour. Using a difference-in-differences estimation strategy, we find no …

cost on the use of bank loan commitments. A simple inventory-based model shows that lower agency cost facilitates more … deregulation is weak or non-existent. Considering the role of bank loan commitments, these results provide one route though which …

reserves and lend to each other. Our systemic perspective points to these featuring dimensions of ongoing bank activity. Our … model considers bank activity process within each bank entity and across entities. Each bank keeps currency money in bank … deposits on behalf of other agents. But the bank activity is further characterised by the capacity or privilege to use these …