Deposits finance bank lending and serve as means of payment for bank customers. Under uncertain payment flows, deposits … payment risk on bank lending, bridging the literatures on payment systems and credit supply. An interquartile increase in … dampens the bank lending channel of monetary policy transmission …

requirements has called the bank lending and balance-sheet channels for monetary transmission into question. Via a standard New …

market busts if bank portfolios suffer, but also in booms if trading absorbs more money. The government has multiple policy … University) and Philip Lowe (Reserve Bank of Australia).Opening Address:"http://ssrn.com/abstract=3212469" Low for Long or …

second article studies the effect of targeted longer-term refinancing operations on bank lending. The results suggest that … these targeted operations stimulated bank lending to firms. However, no evidence about a positive effect on lending to …

. Speciftcally, we investigate whether loans that are pledgeable as collateral for central bank borrowing have lower liquidity premia … Bank of Finland after the COVID-19 pandemic in 2020 and loanlevel corporate credit data from the Finnish implementation of … Anacredit. Our main result is that we do not ftnd evidence that collateral pool expansions by the central bank signiftcantly …