The development of macroprudential policy tools has been one of the most significant changes in banking regulation in … instruments to study international spillovers of prudential policy changes and their effects on bank lending growth. The … bank lending. Second, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank …

explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk … affects bank lending depends on whether the banks are drawing on official-sector liquidity facilities. Third, liquidity … management across global banks can be important for liquidity risk transmission into lending. Fourth, there is substantial …

effects on and consequences for lending vary widely across banks. We demonstrate fundamental differences across banks without … lending patterns to domestic and foreign customers. The use of official-sector emergency liquidity facilities by global and … drivers of cross-sectional differences in lending. …

regulation reduces lending by large U.S. global banks to foreign residents. …Domestic prudential regulation can have unintended effects across borders and may be less effective in an environment …-to-value ratios and local currency reserve requirements increase lending growth in the United States through the U.S. branches and …

A fundamental conclusion drawn from the recent financial crisis is that the supervision and regulation of financial … macroprudential perspective, which evaluates and responds to the financial system as a whole, seems necessary, and the ongoing …

level of steadystate output, relative to the baseline. The impact of the new liquidity regulation is of a similar order of … magnitude, at 0.08 percent. This paper does not estimate the benefits of the new regulation in terms of reduced frequency and …

such a large quantity of bank reserves could lead to overly expansive bank lending as the economy recovers, regardless of … lending in a frictionless model of the current banking system, in which interest is paid on reserves and there are no binding … reserve requirements. We also examine the potential for balance-sheet cost frictions to distort banks' lending decisions. We …