We develop a model to explain a puzzling trend in cash demand in recent years: the value of bank notes in circulation …

credit limits to show that a bank's MPL depends on a small number of parameters that can be estimated using our credit limit … funds on aggregate household borrowing, and highlights the importance of frictions in bank-borrower interactions for …

markets in bank holding companies to isolate plausibly exogenous variation in the financial constraints faced by subsidiary … banks. In particular, I demonstrate that affiliated bank loan growth is less sensitive to changes in the federal funds rate …

The paper attempts to investigate the influence of the 1988 Basel Accord on bank behavior and monetary policy. It is … on the transmission mechanism of monetary policy and shows that the Basel Accord has affected the bank lending channel …. -- Basel accord ; capital ratios ; bank regulation ; monetary policy …

The most important policy instruments of the Bundesbank and of the coming European Central Bank involve lending to … domestic credit institutions. In this monetary setup, banks use short-term central bank credits extensively in order to … borrowed reserves is of crucial importance for monetary policy practice. -- Loan and money supply ; central bank lending …

monetary policy is tight and when the financial health of banks is weaker. The results are consistent with a bank lending …