regulation, recovery and resolution, and risk culture. …

This paper studies the extent to which monetary policy may affect banks' perception of credit risk and the way banks … measure risk under the internal ratings-based approach. Specifically, we analyze the effect of different monetary policy … indicators on banks' risk weights for credit risk. We present robust evidence of the existence of the risk-taking channel in the …

We address the question to what extent a central bank can de-risk its balance sheet by unconventional monetary policy … operations. To this end, we propose a novel risk measurement framework to empirically study the time-variation in central bank … generated beneficial risk spill-overs across monetary policy operations, causing overall risk to be nonlinear in exposures. Some …

stability and the effectiveness of capital surcharges on SIBs as a risk management tool. The model is populated by heterogeneous …