previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and …

We investigate the relationship of central bank independence and banks' systemic risk measures. Our results support the … case for central bank independence, revealing that central bank independence has a robust, negative, and significant impact … on the contribution and exposure of a bank to systemic risk. Moreover, the impact of central bank independence is similar …

We investigate the relationship of central bank independence and banks’ systemic risk measures. Our results support the … case for central bank independence, revealing that central bank independence has a robust, negative, and significant impact … on the contribution and exposure of a bank to systemic risk. Moreover, the impact of central bank independence is similar …

bank-level dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the crisis) and … the existence of a potent global bank lending channel. In response to changes in U.S. monetary conditions, U.S. banks … strongly adjust their cross-border claims in both the pre and post-crisis period. However, we also find that U.S. bank …

We introduce an innovative approach to measure bank integration, based on the corporate culture of multinational … financial reports of global banks. We employ a two-step approach: as a first step, we investigate whether parent-bank or parent …-country characteristics are more important for bank integration. In a second step, we analyze whether bank integration affects the …

to Basel III macro-prudential frameworks and manage their liquidity in the interbank market. The Central Bank performs … type and management strategy of the bank, leading to the ''one-size-fits-all'' problem. Finally, we found that additional …