means that it will potentially respond more quickly when faced with constrained banks. Three, our results support …

means that it will potentially respond more quickly when faced with constrained banks. Three, our results support …

of fire sale mechanisms. We then demonstrate the power of the methodology on the euro area banking system based on a … network of 373 banks. On the basis of an exogenous shock leading to defaults of some banks in the network, we find that the …

This paper investigates both the magnitude and the drivers of bank window dressing behaviour in euro-denominated repo … markets. Using a confidential transaction-level data set, our analysis illustrates that banks engineer an economically … reductions and banks' incentives to window dress and document the role of the leverage ratio and the G-SIB framework as the most …

to better discriminate between banks. In this study, using an event study approach, we explore how market participants … performing banks in the stress test. Finally, we provide some evidence that also sovereign funding costs were affected in the …

When the Covid-19 crisis struck, banks using internal-rating based (IRB) models quickly recognized the increase in risk … and reduced lending more than banks using a standardized approach. This effect is not driven by borrowers' quality or by … banks in countries with credit booms before the pandemic. The higher risk sensitivity of IRB models does not always result …

reduce loan granting, especially to firms or from banks with lower capital or liquidity ratios. Moreover, responding to … applications for the same loan, weak banks are less likely to grant the loan. Our results suggest that firms cannot offset the … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …