We quantify the impact that central bank refinancing o perations a nd f unding f acilities had at reducing the banking … of Diamond & Dybvig (1983), banks' default and contagion, and central bank funding. Our framework incorporates demand and … the amount of deposits covered by the deposit guarantee scheme and the borrowing from the European Central Bank (ECB). We …

We quantify the impact that central bank refinancing operations and funding facilities had at reducing the banking … of Diamond & Dybvig (1983), banks’ default and contagion, and central bank funding. Our framework incorporates demand and … the amount of deposits covered by the deposit guarantee scheme and the borrowing from the European Central Bank (ECB). We …

, meaning that the bank will apply a costly forecasting technology to predict next period's price level. Here, the banks accept …

theory. For a system of competing banks subject to stochastic spending decisions on the part of an interacting pool of … distribution for daily redemption demand at a representative bank. This leads to a generalized theorem involving nominal spending … discuss implications of this work for economic scenario generation in the context of portfolio theory and for the design of a …

One aim of post-crisis monetary policy has been to ease credit conditions for borrowers by unlocking bank lending. We … find that bank equity is an important determinant of both the bank's funding cost and its lending growth. In a cross …-country bank-level study, we find that a 1 percentage point increase in the equity-to-total assets ratio is associated with a 4 …

compress spreads, and thereby reduce bank profitability, deposit creation and output. Third, near the ZLB Phillips curves are …

The banking system is modeled in a closed system of financial accounts, whereby the equilibrium volume of bank … facility rate of the central bank. The model also allows understanding the link between this difference (the width of the … central bank standing facilities corridor) and the stance of monetary policy, and how this link changes during a financial …

The banking system is modeled in a closed system of financial accounts, whereby the equilibrium volume of bank … facility rate of the central bank. The model also allows understanding the link between this difference (the width of the … central bank standing facilities corridor) and the stance of monetary policy, and how this link changes during a financial …

banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of bank reserves. We … term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in monetary policy …

banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of central bank … banks when term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in …