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 …

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 …

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 …

their lending to real sector firms.Our agent-based model considers five types of agents: banks, depositors, the Central Bank … fundamental role in banks' liquidity management; (3) banks avoid borrowing resources from the Central Bank; (4) when the monetary … insights regarding the relationship between monetary policy stances and bank risk-taking, opening an avenue to investigate the …

Bank, firms, and the clearinghouse. While banks and depositors are bounded-rational agents with adaptive strategies, the … fundamental role in banks' liquidity management; (3) banks avoid borrowing resources from the Central Bank; (4) when the monetary … insights regarding the relationship between monetary policy stances and bank risk-taking, opening an avenue to investigate the …

the retail deposit supply owing to, for example, a decrease in bank reserves or in money demand, banks try to substitute … monetary policy transmission through the bank lending channel by limiting the funding substitution of large banks. …

demonstrate a causal effect of bank-level reserve accumulation on lending and risk taking activity. To overcome the endogeneity of … bank-level reserve increases to banks' other portfolio decisions, we employ instruments made available by a regulatory …