More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its …, interest rate cuts also weigh on bank profitability. Substantial rate cuts may at some point outweigh the benefits from higher …

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

the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for …

assesses the effect of the NIRP on the net interest rate margins of the euro area banks using quarterly consolidated bank level … policy rates. The econometric results confirm the effect of the interest rate level on bank profitability and, in some … specifications, also suggest an additional negative effect on bank profitability in the period of negative euro area short …

the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for …

European bank equity values - an effect that is normally positive - has become negative since interest rates in the euro area …

Using a difference-in-differences identification strategy on a micro panel at the bank and firm level, we study the …

estimate positive output effects in all countries as well as positive effects on bank lending to firms. Effects on HICP …

On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a …