unweighted leverage requirements, their differential impact on bank lending, and equity buffer accumulation in excess of … regulatory minima. Tighter risk-weighted capital requirements reduce loan supply and lead to an endogenous fall in bank … profitability, reducing bank incentives to accumulate equity buffers and, therefore, increasing the incidence of bank failure …

risks. In our model, interbank markets play a different role. We argue that lending to another bank can reduce a bank … bank-specific factors of interbank borrower and lender. The model provides a framework for understanding the importance of …

corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …

conditions, credit default and bank capitalization for the transmission of macroeconomic shocks. We fit the model to euro area … empirical literature, i.e. the pro-cyclicality of bank profitability and the counter-cyclical response of firm default rates and …

bank lending and risk-taking channels of monetary policy by exploiting – Italian's unique – credit and security registers …

We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … the heart of a new bank liquidity channel. This channel complements the traditional bank lending channel, which focuses on …

baseline results are sensitive to the inclusion of central bank liquidity assistance …