conditions, credit default and bank capitalization for the transmission of macroeconomic shocks. We fit the model to euro area … empirical literature, i.e. the pro-cyclicality of bank profitability and the counter-cyclical response of firm default rates and …

conditions, credit default and bank capitalization for the transmission of macroeconomic shocks. We fit the model to euro area … empirical literature, i.e. the pro-cyclicality of bank profitability and the counter-cyclical response of firm default rates and …

of bank crisis management. Bail-in enables a country’s banking authorities to force a failing bank’s immediate … banking authorities of the Member States can apply for the resolution of failing banks in accordance to the Bank Recovery and … bank’s restructuring …

Liquidity stress constitutes an ongoing threat to financial stability in the banking sector. A bank that manages its … construct probabilistic classifiers that estimate the probability that a bank faces liquidity stress. The classifiers are …

results highlight the importance of the starting level of bank capital, bank asset quality, and banks' adjustments for the …

We contribute to the empirical literature on the impact of shocks to bank capital in the euro area by estimating a … economy, namely a demand shock and a shock to bank capital. The main findings of the paper are as follows: i) Impulse …-response analysis shows that in response to a shock to bank capital, banks boost capital ratios by reducing their relative exposure to …