Altunbas, Yener; Gambacorta, Leonardo; Marques-Ibanez, David - Bangor Business School, Bangor University - 2012
We investigate the effect of relatively loose monetary policy on bank risk through a large panel including quarterly … of interest rates over an extended period of time contributed to an increase in bank risk. This result holds for a wide …, securitization activity and bank competition. The results also hold when changes in realized bank risk due to the crisis are …