developments in banks’ balance sheets, profitability and risk-bearing capacity and analyses their relevance for monetary policy. We …As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks …

capture differences in credit market integration by variations in the cost for banks to grant credit for cross …This paper shows that currency arrangements impact on credit available through default incentives. To this end we build … a symmetric two-country model with money and imperfect credit market integration. With the Euro Area context in mind, we …

the distribution of risk via credit supply. For identification, we exploit exhaustive US loan-level data since the 1990s …, borrowerlender relationships and Gertler-Karadi monetary policy shocks. Higher policy rates shift credit supply from banks to …, higher policy rates increase risk-taking, as less-regulated, fragile nonbanks -in all credit markets- expand supply to …

Based on the consolidated statements data of the universal/commercial banks (UKbank) and non-bank financial …

This paper studies the extent to which monetary policy may affect banks' perception of credit risk and the way banks … indicators on banks' risk weights for credit risk. We present robust evidence of the existence of the risk-taking channel in the … possible side-effects of monetary policy on how banks measure risk. …

Draghi's 'whatever it takes' speech. Bank risk played a role in enhancing sovereign risk. However, the systemic impact of … banks changes rapidly once a crisis strikes, rendering the ex-ante determination of which banks are systemic and which banks …

occurring at all three markets: labor, goods, and credit market, with a fixed money supply from a bank.A worker and an …