Arbeitspapier
Does monetary policy affect bank risk-taking?
This paper investigates the relationship between short-term interest rates and bank risk. Using a unique database that includes quarterly balance sheet information for listed banks operating in the European Union and the United States in the last decade, we find evidence that unusually low interest rates over an extended period of time contributed to an increase in banks' risk. This result holds for a wide range of measures of risk, as well as macroeconomic and institutional controls.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 1166
- Klassifikation
-
Wirtschaft
Financial Markets and the Macroeconomy
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Thema
-
bank risk
credit crisis
monetary policy
Geldpolitik
Kreditgeschäft
Geldpolitische Transmission
Bankrisiko
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Altunbas, Yener
Gambacorta, Leonardo
Marqués-Ibáñez, David
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Altunbas, Yener
- Gambacorta, Leonardo
- Marqués-Ibáñez, David
- European Central Bank (ECB)
Entstanden
- 2010
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