. Our analysis is based on weekly observations for the 858 white collar workers hired by a large Italian bank between …

foreign banks. Whereas small cooperative and savings banks do not seem to directly access the interbank market themselves …, they do so indirectly through the head institutions of their sectors, i.e. the savings banks and credit cooperative sector … loan portfolio relatively unaffected. This may explain why the evidence for a bank lending channel in Germany seems to be …

A crucial condition for the existence of a credit channel through bank loans is that monetary policy should be able to … change bank loan supply. This paper contributes to the discussion on this issue by presenting empirical evidence from dynamic … the average bank reduces its lending more sharply in reaction to a restrictive monetary policy measure, the lower its …

Credit risk associated with interbank lending may lead to domino effects, where the failure of one bank results in the … bilateral credit relationships for the German banking system and test whether the breakdown of a single bank can lead to … reduces - but does not eliminate - the danger of contagion. Even so, the failure of a single bank could lead to the breakdown …