In this study, I analyze the heterogeneous dynamics of the bank risk-taking channel of monetary policy under different … environment exhibits heterogeneity across different bank business models. In addition, I find that the heterogeneity lies in the …

The recent financial crisis highlighted the role of Bank Holding Companies (BHCs) in exacerbating the crisis and in … monetary policy and market innovations on bank behavior in the presence of Basel III type regulations. To our knowledge, this … trading business, and show that regulations that target bank governance can mitigate possible rogue trading and the over …

models used at the European Central Bank, that in the long run, a 1% bank capital requirement increase has a small impact on … transmission mechanism. Higher bank leverage increases the economy's vulnerability to shocks but also monetary policy's ability to …

We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized …

As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks … crisis, in a context of financial market stress and weak bank balance sheets, unconventional monetary policy measures have … non-standard measures were successful in stimulating lending and which bank business models were more strongly affected …

Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank …

perfectly correlated for bank holding companies that participated in both rounds. We also compare projected losses across …Regulatory stress tests have become a key tool for setting bank capital levels. Publicly disclosed results for four … different scenarios used in the 2014 stress test and find surprisingly high correlations for outcomes grouped by bank or by loan …

how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …

We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized …

between monetary policy (MP) and bank stability. This technical paper sheds light, quantitatively, on the different mechanisms … underlying the relationship between MP and bank stability. It does so by reviewing microeconometric studies from the academic … touchstone. First, it provides a brief overview of the main theoretical channels linking bank stability and the transmission of …