Does monetary policy affect bank risk-taking?

This paper investigates the relationship between short-term interest rates and bank risk. Using a unique database that includes quarterly balance sheet information for listed banks operating in the European Union and the United States in the last decade, we find evidence that unusually low interest rates over an extended period of time contributed to an increase in banks' ...

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Year of publication:	2010-03-01
Authors:	Altunbaş, Yener ; Gambacorta, Leonardo ; Marqués Ibáñez, David
Institutions:	Bank für Internationalen Zahlungsausgleich <Basel>
Subject:	Wirtschaftskrise \| Kreditrisiko \| Geldpolitik

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Extent:	487424 bytes 35 p. application/pdf
Series:	Working papers - Bank for International Settlement BIS Working Papers ; No 298
Type of publication:	Book / Working Paper
Language:	English
ISSN:	1682-7678
Classification:	E44 - Financial Markets and the Macroeconomy ; G21 - Banks; Other Depository Institutions; Mortgages ; Management of financial services: stock exchange and bank management science (including saving banks) ; Individual Working Papers, Preprints ; Global Resources
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005871021