flows. I develop a quantitative, two-country, macroeconomic model in which banks face endogenous and occasionally binding … leverage constraints. Banks lend funds to be invested in tradable or non-tradable sector capital and there is international … and foreign households re-adjust their savings in domestic banks, and capital flows further amplify fluctuations …

We show that the cash-flow exposure of banks to interest rate risk, or income gap, affects the transmission of monetary … policy shocks to bank lending and real activity. We first use a large panel of U.S. banks to show that the sensitivity of … bank profits to interest rates increases significantly with measured income gap, even when banks use interest rate …

This paper develops a theory of the secondary market trading of financial securitities in which endogenous asset market …

European System of Central Banks (ESCB) to collect granular information on loans from banks to corporates and other legal … institutions in the euro area, and possibly elsewhere in the EU, will report to the ECB via the national central banks (NCBs …

with direct implications for profitability, hampering banks ability to supply credit and lower loan pricing in response to … 3 percent. We find that banks with severely impaired balance sheets do not adjust their loan pricing in response to …

(FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs). The FLS was announced by the Bank of … prevailing low level of risk-free interest rates, UK banks’ funding costs were elevated at the time of the Scheme's introduction … real economy. The Scheme’s design built in direct incentives for banks to support lending to the real economy, by linking …