Add to ORKGThere is a growing consensus that a prolonged period of low interest rates can exert a negative impact on financial stability through the risk-taking incentives of banks. Using micro-level datasets from the US banking sector, this paper finds evidence of a highly significant negative relationship between monetary policy rates and bank-risk taking. This finding remains robust across various specifications, sub-periods and subsamples, thereby confirming the presence of an active risk-taking channel of monetary policy since the 1990s. The results, therefore, support the new responsibilities of the Fed on macro-prudential supervision to monitor systemic risks
Using a panel of large U.S. banks, we examine banks' risk‐taking behaviour in response to monetary p...
In a recent line of research the low interest-rate environment of the early to mid 2000s is viewed a...
We consider a standard banking model with agency frictions to simultaneously study the weakening and...
There is a growing consensus that a prolonged period of low interest rates can exert a negative impa...
Using a panel of large US banks, we examine banks' risk-taking behaviour in response to monetary pol...
We assess the effects of monetary policy on bank risk to verify the existence of a risk-taking chann...
This paper investigates the relationship between short-term interest rates and bank risk. Using a un...
International audienceIn this paper, we analyse the link between monetary policy and banks' risk-tak...
This paper investigates the relationship between monetary policy and bank risk-taking. Using a uniqu...
We assess, through VAR evidence, the effects of monetary policy on banks’ risk exposure and find the...
Taking risk is an integral part of the banking business, they had to try managing risk since the eme...
The contribution of this paper is twofold. First, we provide empirical evidence on the existence of ...
The literature on the risk-taking channel of monetary policy grew quickly, leading to scattered evid...
Available empirical evidence on the significance of the (micro) risk-taking channel of monetary poli...
This study investigates if expansionary monetary policy actions have an impact on banks’ risk taking...
Using a panel of large U.S. banks, we examine banks' risk‐taking behaviour in response to monetary p...
In a recent line of research the low interest-rate environment of the early to mid 2000s is viewed a...
We consider a standard banking model with agency frictions to simultaneously study the weakening and...
There is a growing consensus that a prolonged period of low interest rates can exert a negative impa...
Using a panel of large US banks, we examine banks' risk-taking behaviour in response to monetary pol...
We assess the effects of monetary policy on bank risk to verify the existence of a risk-taking chann...
This paper investigates the relationship between short-term interest rates and bank risk. Using a un...
International audienceIn this paper, we analyse the link between monetary policy and banks' risk-tak...
This paper investigates the relationship between monetary policy and bank risk-taking. Using a uniqu...
We assess, through VAR evidence, the effects of monetary policy on banks’ risk exposure and find the...
Taking risk is an integral part of the banking business, they had to try managing risk since the eme...
The contribution of this paper is twofold. First, we provide empirical evidence on the existence of ...
The literature on the risk-taking channel of monetary policy grew quickly, leading to scattered evid...
Available empirical evidence on the significance of the (micro) risk-taking channel of monetary poli...
This study investigates if expansionary monetary policy actions have an impact on banks’ risk taking...
Using a panel of large U.S. banks, we examine banks' risk‐taking behaviour in response to monetary p...
In a recent line of research the low interest-rate environment of the early to mid 2000s is viewed a...
We consider a standard banking model with agency frictions to simultaneously study the weakening and...