The paper develops a financial systemic stress index (FSSI) for Greece. We present a methodology for constructing and …, conducted among financial experts, in order to construct a benchmark chronology of financial crises for Greece, which in turn is …

We show that negative policy rates affect the supply of bank credit in a novel way. Banks are reluctant to pass on … low-deposit banks. As a consequence, the introduction of negative policy rates by the European Central Bank in mid-2014 …

how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …

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 …

policy period, change in banks’ competitive behaviour affected the bank lending channel and discouraged banks from taking …

financial crisis, this paper studies the evolution of credit demand and supply in Greece. A disequilibrium model of demand and …

We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …

We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …

We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized …