Geršl, Adam; Jakubík, Petr; Kowalczyk, Dorota; … - In: Open Economies Review 26 (2015) 3, pp. 407-445
This paper examines the impact of monetary conditions on the risktaking behaviour of banks in the Czech Republic by analysing the comprehensive credit register of the Czech National Bank. Our duration analysis indicates that expansionary monetary conditions promote risk-taking among banks. At...