activities. This paper provides evidence on the link between monetary policy, commercial property prices, and bank risk taking … ; bank risk taking ; macro-finance linkages ; monetary policy ; commercial property prices …

not change their risk exposure. -- FAVAR ; bank risk taking ; macro-finance linkages ; monetary policy ; commercial …

enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated …

address the following questions. How are macroeconomic shocks transmitted to bank risk and other banking variables? What are … the sources of bank heterogeneity, and what explains differences in individual banks’ responses to macroeconomic shocks …? Our paper has two main findings: (i) Average bank risk declines, and average bank lending increases following expansionary …

of bank complexity. Yet, surprisingly little is known about changes in complexity across countries, its drivers, and its …