This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank …

standards change in reaction to two specific macroeconomic developments, namely an increase in bank funding costs and a sudden …. Insofar, we provide evidence of heterogeneity in the bank lending channel, depending on the situation of the lenders and the …

This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank …

Central Bank's policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks' funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

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

Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank …

Central Bank’s policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks’ funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

direct impact predominantly on U.S. sectors and then propagate to the rest of the world through the global production network …

states with empirical evidence on the impact of monetary policy on bank lending. This work is based on individual bank … banks. The results indicate the existence of asymmetric adjustment of loan quantities with respect to specific bank … characteristics. Our findings indicate the existence of a functioning bank lending channel through small banks. This applies in the …