I use a natural experiment to estimate the effect that a Lender of Last Resort has on banks’ liquidity demand. In …

supervisor and lender of last resort, the importance of central bank independence and safeguards which exist to ensure that …

Study on Overdraft and Instalment Credit Reference No: 514-06.01-2810HS034 Duration 8/2011 – 5/2012 - Executive Summary … - In Germany, about 80 per cent of private households dispose of a bank account with an overdraft facility. On average, the … offered by the overdraft facility more frequently than the average household. From the research sample of banks covered by the …

preemption of state limits on overdraft fees to study the impact of fee ceilings on low-income households. After preemption …, national banks raise overdraft fees relative to state-chartered banks in affected states. However, banks in affected states … also provide more overdraft credit and bounce a smaller share of checks following preemption. The share of low …