this policy through banks. This paper examines the role of bank liquidity, capitalization and market power as internal … monetary policy change on bank performance is also considered. The empirical analysis, using large panel datasets for the … rates by disaggregating down to the individual bank level. This is achieved by the use of a Local GMM technique that also …

expected return news component - as opposed to the bank-specific news, typically assumed to be incorporated in the cash …

, we show that the economic impact of changes in bank capital requirements depends on the state of the macro …, the impact on bank loan supply works through a ”pricing channel” which is small: around 0.1% less loans for a 1pp increase …

natural experiment to study the effects of reduced bank capital adequacy on productivity. Affected banks respond not only by …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …

the presence of institutional investors affects volatility and liquidity in secondary bank bond markets. We find that non-bank … financial intermediaries, in particular money market funds (MMFs), have a positive impact on secondary bank bond markets …% of the notional amount in the secondary market of a representative euro area bank bond. The effect is relative to the …

methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the … growth rate of individual loans in our dataset is decomposed into bank, firm, industry and common shocks. Adverse bank shocks …