Altavilla, Carlo; Bochmann, Paul Martin; Ryck, Jeroen De; … - 2021
banks’ equity, and has important implications for the transmission of monetary policy and for financial stability … estimates of the cost of equity for listed and unlisted euro area banks using a three-step methodology. In the first step, ten … the third step, the combined costs of equity for individual banks are aggregated at the euro area level and according to …