Zobrazeno 1 - 10
of 46
pro vyhledávání: '"Caterina Mendicino"'
Publikováno v:
Journal of Money, Credit and Banking. 54:2173-2191
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of Monetary Economics
A reduction in lender of last resort (LOLR) policy uncertainty positively affects bank lending and propagates to investment and employment. We exploit a unique policy that reduced uncertainty regarding the availability of future LOLR funding for bank
Does the level of deposits matter for bank fragility and efficiency? In a banking model with endogenous bank runs and a consumption-saving decision, we show that the level of deposits has opposite effects on bank fragility depending on the nature of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3730::7acc2292e2e273cc69cff8910781771b
http://hdl.handle.net/11588/868061
http://hdl.handle.net/11588/868061
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
This paper documents the redistributive effects of monetary policy on labor market outcomes via the credit channel. For identification, we exploit matched administrative datasets in Portugal - employee-employer and credit registers - and monetary pol
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
We show that lender of the last resort (LOLR) policy contributes to higher bank interconnectedness and systemic risk. Using novel micro-level data, we analyze the haircut gap channel of LOLR – the difference between the private market and central b
Publikováno v:
SSRN Electronic Journal.
The Global Financial Crisis fostered the design and adoption of macroprudential policies throughout the world. This raises important questions for monetary policy. What, if any, is the relationship between monetary and macroprudential policies? In pa