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 …

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 …

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

Central Bank’s policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks’ funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …

The effectiveness of a central bank’s monetary policymaking is determined by the merit of its policy actions and their … additional levers to help achieve their goals. In this paper we examine how UK financial markets react to Bank of England …

Motivated by VAR evidence, we develop a monetary DSGE model where an agency problem between bank financiers, stemming …

the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign …