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  1. Adapting lending policies when negative interest rates hit banks' profits
    Published: 2018
    Publisher:  Banco de España, Madrid

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 1832
    Subjects: negative interest rates; negative for long; lending policies; banks capital ratio; risk taking
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  2. The impact of the ECB's targeted long-term refinancing operations on banks' lending policies
    the role of competition
    Published: 2019
    Publisher:  Banco de España, Madrid

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 470
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 1903
    Subjects: unconventional monetary policy; TLTROs; lending policies; competition
    Scope: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  3. Adapting lending policies in a "negative-for-long" scenario
    Published: 2021
    Publisher:  Swiss Finance Institute, Geneva

    What is the long-term impact of negative interest rates on bank lending? To answer this question we construct a unique summary measure of negative rate exposure by individual banks based on exclusive survey data, and couple it with the credit... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 544
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    What is the long-term impact of negative interest rates on bank lending? To answer this question we construct a unique summary measure of negative rate exposure by individual banks based on exclusive survey data, and couple it with the credit register of Spain to identify this impact on the supply of credit to firms. We find that only after a few years of negative rates do affected banks (relative to non-affected banks) decrease their supply and increase their rates, especially when lowly capitalized and lending to risky firms. However, no firms are facing funding constraints, yet

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Edition: This draft: February 9, 2021
    Series: Research paper series / Swiss Finance Institute ; no 21, 75
    Subjects: negative interest rates; negative for long; lending policies; banks capital ratio; risk taking
    Other subjects: Array
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen