heterogeneity in price-setting behaviour should be accounted for in analysing the pass-through. Fourth, we analyse bank …

We show that the transmission of the European Central Bank’s (ECB) recent monetary policy tightening differs across …

This study applied panel analysis to determine the factors influencing interest margins in Nigeria using bank …

We identify frictions in the market for liquidity as well as bank-specific and market-wide factors that affect the … prices that banks pay for liquidity, captured here by borrowing rates in repos with the central bank and benchmarked by the … overnight index swap. We have price data at the individual bank level and, unique to this paper, data on individual banks …

-run supply of bank credit. As U.S. bond rates have fallen, the pass-through of monetary shocks to loan and deposit rates has … weakened while the spread on U.S. bank loans has risen. I build a model in which banks earn deposit and loan spreads, deposits … dampened at low rates, because deposit spreads act as a better hedge for bank equity against unexpected monetary shocks. In the …

Bilateral payment flows between banks may provide private information about a borrowing bank's liquidity position. This … paper analyses whether private information on the bilateral payment flow of central bank reserves foster peer monitoring or … to find a liquidity provider. I use data from Norges Bank's real time gross settlement system over the period 2012 to …