, policymakers, and bank managers for better decision making. …

. In the second, we use the bank-specific regulatory change to estimate credit supply responses from (1) a countercyclical …

We contribute to the empirical literature on the impact of shocks to bank capital in the euro area by estimating a … economy, namely a demand shock and a shock to bank capital. The main findings of the paper are as follows: i) Impulse …-response analysis shows that in response to a shock to bank capital, banks boost capital ratios by reducing their relative exposure to …

bank lending and risk-taking channels of monetary policy by exploiting – Italian's unique – credit and security registers …

Exploiting confidential data on individual German bank balance-sheets, I analyse what characterises a bank that opts to …

provide evidence in favor of the bank capital channel theory. Banks holding less regulatory capital and less interbank …

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

Recent studies of monetary policy in developing countries document a weak bank lending channel based on aggregate data …, volumes and rates, coupled with unanticipated variation in monetary policy. We show that a monetary contraction reduces bank …