Narrow search
Showing 1 - 10 of 266,279
Cover Image
An Analysis of the Impact of Monetary Policy on Bank Lending in Russia
Salmanov, Oleg - 2017
This article examines the role of the banking channel in transmitting Russia's monetary policy. As the financial market … aspects of monetary policy conducted by the Bank of Russia. The article explores the dependence of bank lending on monetary … empirical findings substantiate the hypothesis about the existence of a bank lending channel in Russia …
Persistent link: https://www.econbiz.de/10012963831
Cover Image
The augmented bank balance-sheet channel of monetary policy
Bittner, Christian; Bonfim, Diana; Heider, Florian; … - 2022
This paper studies how banks' balance sheets and funding costs interact in the transmission of monetary-policy rates to banks' credit supply to firms. To do so, we use creditregistry data from Germany and Portugal together with the European Central Bank's policy-rate cuts in mid-2014. The...
Persistent link: https://www.econbiz.de/10013163037
Cover Image
The augmented bank balance-sheet channel of monetary policy
Bittner, Christian; Bonfim, Diana; Heider, Florian; … - 2022
This paper studies how banks’ balance sheets and funding costs interact in the transmission of monetary-policy rates to banks’ credit supply to firms. To do so, we use credit-registry data from Germany and Portugal together with the European Central Bank’s policy-rate cuts in mid-2014. The...
Persistent link: https://www.econbiz.de/10013259629
Cover Image
The augmented bank balance-sheet channel of monetary policy
Bittner, Christian; Bonfim, Diana; Heider, Florian; … - 2022
This paper studies how banks' balance sheets and funding costs interact in the transmission of monetary-policy rates to banks' credit supply to firms. To do so, we use credit-registry data from Germany and Portugal together with the European Central Bank's policy-rate cuts in mid-2014. The...
Persistent link: https://www.econbiz.de/10013448680
Cover Image
The SSM at 1
Laeven, Luc; Draghi, Mario; Dombret, Andreas R.; … - SUERF - The European Money and Finance Forum; Deutsche …; … - 2016
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011557140
Cover Image
Implications of negative interest rates for the net interest margin and lending of euro area banks
Klein, Melanie - 2020
This paper explores the impact of low (but) positive and negative market interest rates on euro area banks' net interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets, I find a positive impact of the level of the short-term...
Persistent link: https://www.econbiz.de/10012179680
Cover Image
Monetary Policy at Work : Security and Credit Application Registers Evidence
Peydró, José-Luis - 2020
Monetary policy transmission may be impaired if banks rebalance their portfolios towards securities. We identify the bank lending and risk-taking channels of monetary policy by exploiting – Italian's unique – credit and security registers. In crisis times, with higher ECB liquidity, less...
Persistent link: https://www.econbiz.de/10012854350
Cover Image
Bank Capital Structure and the Credit Channel of Central Bank Asset Purchases
Darracq Paries, Matthieu - 2016
With the aim of reigniting inflation in the euro area, in early 2015 the ECB embarked on a large-scale asset purchase programme. We analyse the macroeconomic effects of the Asset Purchase Programme via the banking system, exploiting the cross-section of individual bank portfolio decisions. For...
Persistent link: https://www.econbiz.de/10012988604
Cover Image
The Impacts of Monetary Policy on Banks’ Loan Portfolio Risk-Taking
Adão, Luiz F.S; Silveira, Douglas; Ely, Regis Augusto; … - 2021
Using an agent-based model, we investigate how monetary policy affects banks' risk-taking in terms of the profile of their lending to real sector firms.Our agent-based model considers five types of agents: banks, depositors, the Central Bank, firms, and the clearinghouse. While banks and...
Persistent link: https://www.econbiz.de/10013216408
Cover Image
The Impacts of Monetary Policy on Banks' Loan Portfolio Risk-taking
Adão, Luiz F.S; Silveira, Douglas; Ely, Regis Augusto; … - 2021
Using an agent-based model, we investigate how monetary policy affects banks' risk-taking in terms of the profile of their lending to real sector firms. Our agent-based model considers five types of agents: banks, depositors, the Central Bank, firms, and the clearinghouse. While banks and...
Persistent link: https://www.econbiz.de/10013216653