Altavilla, Carlo; Boucinha, Miguel; Peydró, José-Luis - 2017
We analyse the impact of standard and non-standard monetary policy measures on bank profitability. For empirical … market prices. Our results show that monetary policy easing - a decrease in short-term interest rates and/or a flattening of … banks benefit more from monetary policy easing, banks engaging more extensively in maturity transformation experience a …