Showing 1 - 10 of 42
Theory emphasizes the central role of the structure of networks in the behavior of financial systems and their response to policy. Real-world networks, however, are rarely directly observable: Banks' assets and liabilities are typically known, but not who is lending how much and to whom. We...
Persistent link: https://www.econbiz.de/10012859552
Persistent link: https://www.econbiz.de/10012817292
Persistent link: https://www.econbiz.de/10012136924
Persistent link: https://www.econbiz.de/10000979031
Persistent link: https://www.econbiz.de/10001234021
Persistent link: https://www.econbiz.de/10001227696
Persistent link: https://www.econbiz.de/10001762488
Persistent link: https://www.econbiz.de/10003094900
This paper analyzes the individual bidding behavior of German banks in the money market auctions conducted by the ECB from the beginning of the third quarter of 2000 to the end of the first quarter of 2001. Our approach takes a variety of characteristics of the individual banks into account. In...
Persistent link: https://www.econbiz.de/10014223075
We use bank retail interest rates as price examples in a study of the determinants of price durations. The extraordinary richness of the data allows us to address some major open issues from the price rigidity literature, such as the functional form of the hazard of changing a price, the effect...
Persistent link: https://www.econbiz.de/10013133627