Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking?

DOI10.3982/ECTA10104zbMath1419.91509MaRDI QIDQ4615851

Gabriel Jiménez, José-Luis Peydró, Jesús Saurina, Steven Ongena

Publication date: 29 January 2019

Published in: Econometrica (Search for Journal in Brave)

zbMATH Keywords

credit riskmonetary policyfinancial stabilitybank capitalcredit supply composition

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Credit risk (91G40)

Related Items (14)

Collateral misrepresentation, external auditing, and optimal supervisory policy ⋮ Endogenous credit standards and aggregate fluctuations ⋮ Monetary policy and long-run systemic risk-taking ⋮ Monetary conditions and banks' behaviour in the Czech Republic ⋮ Bank business models, negative policy rates, and prudential regulation ⋮ Reaching nirvana with a defaultable asset? ⋮ Introduction to financial economics ⋮ Real interest rates, leverage, and bank risk-taking ⋮ Monetary policy, bank leverage, and financial stability ⋮ Does risk aversion affect bank output loss? The case of the eurozone ⋮ Interactions between monetary and macroprudential policies ⋮ On the impact of quantitative easing on credit standards and systemic risk: the Japanese experience ⋮ Does the deposits channel work under a low interest rate environment? ⋮ The impacts of interest rates on banks' loan portfolio risk-taking

This page was built for publication: Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking?