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Hansen, Eric - 1993

Persistent link: https://www.econbiz.de/10000919300

How stressed are banks in the interbank market?

Abbassi, Puriya; Fecht, Falko; Weber, Patrick - 2013

We use a unique data set that comprises each bank’s bids in the Eurosystem’s main refinancing operations and its … that a bank’s willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …

Persistent link: https://www.econbiz.de/10010192732

Mitigating financial stress in a bank-financed economy : equity injections into banks or purchases of assets?

Kühl, Michael - 2014

This paper compares the consequences of equity injections into banks with purchases of corporate and government bonds in a financial crisis situation using a New Keynesian model in which non-financial firms predominantly take non-market-based debt from banks instead of issuing securities. Our...

Persistent link: https://www.econbiz.de/10010394640

Bank capital, the state contingency of banks’ assets and its role for the transmission of shocks

Kühl, Michael - 2014

The role of bank capital as a propagation channel of shocks is strongly pronounced in recent macroeconomic models. In … this paper, we show how the evolution of bank capital depends on the share of non-state-contingent assets in banks’ balance …

Persistent link: https://www.econbiz.de/10010415785

What central banks really are

Nagatani, Keizo - 1983 - Rev. version.

Persistent link: https://www.econbiz.de/10003528362

Product selection in financial intermediation, optimal money growth, and central bank lending

Williamson, Stephen - 1984 - Rev.

Persistent link: https://www.econbiz.de/10003529503

Unconventional monetary policy, bank lending, and security holdings : the yield-induced portfolio rebalancing channel

Paludkiewicz, Karol - 2018

Exploiting a granular dataset of banks' security holdings I assess the impact of unconventional monetary policy on bank … bank constant at its level in January 2014, well in advance of an anticipation of the ECB's asset purchase program (APP … data on bank-specific TLTRO uptakes, my results do not seem to be driven by alternative, liquidity-driven transmission …

Persistent link: https://www.econbiz.de/10011874277

The effects of the eurosystem's APP on euro area bank lending : letting different data speak

Bläs, Barno; Kraaz, Björn; Offermanns, Christian J. - 2019

We study the implications of the Eurosystem's expanded Asset Purchase Programme (APP) for the bank lending business of … confidential bank-level data on quantitative balance sheet items and interest rates as well as on qualitative survey responses to … the Eurosystem's Bank Lending Survey, we identify the exposure of banks to the APP and corresponding effects on loan …

Persistent link: https://www.econbiz.de/10012041935

Going below zero - how do banks react?

Michaelis, Henrike - 2022

Exploiting confidential data on individual German bank balance-sheets, I analyse what characterises a bank that opts to …

Persistent link: https://www.econbiz.de/10013361902

Bank risk-taking and impaired monetarypolicy transmission

Koenig, Philipp J.; Schliephake, Eva - 2021

We consider a standard banking model with agency frictions to simultaneously studythe weakening and reversal of monetary transmission and banks’ risk-taking in alow-interest environment. Both, weaker monetary transmission and higher risk-taking arise because lower policy rates impair banks’...

Persistent link: https://www.econbiz.de/10012671255