holds that the central bank’s actions are the main determinants of long-term interest rates. A simple model is presented … where the central bank’s actions are the key drivers of long-term interest rates through short-term interest rates and …

holds that the central bank's actions are the main determinants of long-term interest rates. A simple model is presented … where the central bank's actions are the key drivers of long-term interest rates through short-term interest rates and …

address the following questions. How are macroeconomic shocks transmitted to bank risk and other banking variables? What are … the sources of bank heterogeneity, and what explains differences in individual banks’ responses to macroeconomic shocks …? Our paper has two main findings: (i) Average bank risk declines, and average bank lending increases following expansionary …

estimation of the natural rates of interest, unemployment and output, and the sustainable growth rate of the US economy. By …

vector autoregressive models with high-frequency daily data. Blinder (Federal Reserve Bank of St. Louis Rev 92(6): 465 …

We study the transmission of monetary policy through bank securities portfolios using granular supervisory data on U ….S. bank securities, hedging positions, and corporate credit. Banks that experienced larger losses on their securities during …

in the GCC. We use bank-level panel data, exploiting variation across banks within countries, to isolate the impact of ….S. monetary policy to liability rates than to asset rates and bank profitability, largely reflecting funding structures. In … addition, we explore the role of shifts in the quantity of bank liabilities as policy rates change and the role of large banks …