We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institutions (O …

my model to match the volatility and correlation with output of the external finance premium, bank leverage …

We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … the heart of a new bank liquidity channel. This channel complements the traditional bank lending channel, which focuses on …

Loan guarantees represent a form of government intervention to support bank lending. However, their use raises concerns … as to their effect on bank risk-taking incentives. In a model of •nancial fragility that incorporates bank capital and a … bank incentive problem, we show that loan guarantees reduce depositor runs and improve bank underwriting standards, except …

by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on …

, 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 …

This paper conducts the first empirical study of the bank balance sheet channel using data on discouraged and … effect of monetary policy and the business cycle on bank lending and risk-taking. Identification rests on exploiting 1) the … exogeneity of monetary policy to local business cycles, and 2) firm-level and bank-level data to separate the supply of credit …

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 …