Is monetary policy less effective when interest rates are persistently low?
Is monetary policy less effective in boosting aggregate demand and output during periods of
persistently low interest rates? This paper reviews the reasons why this might be the case …
persistently low interest rates? This paper reviews the reasons why this might be the case …
Banks and negative interest rates
In this article, we review the nascent literature on the transmission of negative policy rates.
We discuss the theory of how the transmission depends on bank balance sheets, and how …
We discuss the theory of how the transmission depends on bank balance sheets, and how …
Economic policy uncertainty and banks' loan pricing
BN Ashraf, Y Shen - Journal of Financial Stability, 2019 - Elsevier
Using news-based government economic policy uncertainty (EPU) index of Baker et
al.(2016) and bank-level data from 17 countries over the period 1998–2012, we find that …
al.(2016) and bank-level data from 17 countries over the period 1998–2012, we find that …
Do banks fuel climate change?
Do climate-oriented regulatory policies affect the flow of credit towards polluting firms? We
match loan-level data to firm-level greenhouse gas emissions to assess the impact of the …
match loan-level data to firm-level greenhouse gas emissions to assess the impact of the …
Macroprudential policy and bank risk
This paper investigates the effects of macroprudential policies on bank risk through a large
panel of banks operating in 61 advanced and emerging market economies. There are three …
panel of banks operating in 61 advanced and emerging market economies. There are three …
Monetary policy and bank lending in a low interest rate environment: diminishing effectiveness?
This paper analyses the effectiveness of monetary policy on bank lending in a low interest
rate environment. Based on a sample of 108 large international banks, our empirical …
rate environment. Based on a sample of 108 large international banks, our empirical …
Shock séptico
YE Claessens, S André, C Vinsonneau… - EMC-Anestesia …, 2009 - Elsevier
El shock séptico implica la asociación entre infección e insuficiencia hemodinámica, en
algunos casos con fallos viscerales. Las definiciones de shock séptico y sepsis grave …
algunos casos con fallos viscerales. Las definiciones de shock séptico y sepsis grave …
The shifting drivers of global liquidity
The sensitivities of the main global liquidity components, international loan and bond flows,
to global factors varied considerably over the past decade. The estimated sensitivity to US …
to global factors varied considerably over the past decade. The estimated sensitivity to US …
[HTML][HTML] Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer
This paper investigates the impact of macro-prudential policy (proxied by the counter-
cyclical capital buffer (CCyB)) on bank credit risk during uncertain times, as banking sector …
cyclical capital buffer (CCyB)) on bank credit risk during uncertain times, as banking sector …
How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis
Using an ecological macrofinancial model, we explore the potential impact of the 'green
supporting factor'(GSF) and the 'dirty penalising factor'(DPF) on climate-related financial …
supporting factor'(GSF) and the 'dirty penalising factor'(DPF) on climate-related financial …