of 29 banks. The results show that the share of interest-insensitive deposits in total bank deposits is a key determinant …

-interest rate credit conditions and terms, the risk perception of banks and the willingness of banks to lend. Credit standards are … discusses the importance of credit developments for both the economy and the functioning of monetary policy, and further … survey for the euro area lies in particular in the way it provides greater insight into developments in credit standards, non …

collateral and personal guarantees as explanatory variables. We show that banks follow different lending policies according to … the type of customer. In the case of firms banks seem to efficiently screen and monitor customers, and guarantees (real … and personal) are used to reduce moral hazard problems. In the case of consumer households and sole proprietorships banks …

preference theory, that which emphasizes the role of banks's liquidity preference, is significant in determining bank markups …

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 … liquidity. We find that the price a bank pays for liquidity depends on the liquidity positions of other banks, as well as its …

for pricing deposits. Banks often pay no premium on time or on quantity of deposits. On one hand this is not surprising … since the banking sector has been very liquid for last several years and the banks see deposits as a cost, but what is … interesting is that the banks do not price in forward looking expectation regarding the state of economy or country rating. This …

We study the prices that individual banks pay for liquidity (captured by borrowing rates in repos with the central bank … depend in particular on the distribution of liquidity across banks, which is calculated over time using individual bank …-level data on reserve requirements and actual holdings. Banks pay more for liquidity when positions are more imbalanced across …

preference theory, that which emphasizes the role of banks's liquidity preference, is significant in determining bank markups …

asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem …Banks provide risky loans to firms which have superior information regarding the quality of their projects. Due to … distorts the operation of credit markets. We show that a binding CVaR constraint introduces credit rationing and lowers social …