Buch, Claudia M.; Eickmeier, Sandra; Prieto, Esteban - Deutsche Bundesbank - 2011
There is growing consensus that the conduct of monetary policy can have an impact on stability through the risk … activities. This paper provides evidence on the link between monetary policy, commercial property prices, and bank risk taking … do not find evidence for increased risk taking for the entire banking system after a monetary policy loosening or an …