Unconventional Monetary Policy and Bank Risk Taking

2018 ◽  
Author(s):  
Thomas Matthys ◽  
Elien Meuleman ◽  
Rudi Vander Vennet
Keyword(s):  
Monetary Policy ◽  
Risk Taking ◽  
Bank Risk ◽  
Unconventional Monetary Policy

Unconventional monetary policy and bank risk taking

2020 ◽  
Vol 109 ◽  
pp. 102233
Author(s):  
Thomas Matthys ◽  
Elien Meuleman ◽  
Rudi Vander Vennet
Keyword(s):  
Monetary Policy ◽  
Risk Taking ◽  
Bank Risk ◽  
Unconventional Monetary Policy

Monetary Policy and Bank Risk Taking

2010 ◽  
Author(s):  
Gianni De Nicolo ◽  
Giovanni Dell'Ariccia ◽  
Luc A. Laeven ◽  
Fabian V. Valencia
Keyword(s):  
Monetary Policy ◽  
Risk Taking ◽  
Bank Risk

scholarly journals Monetary Policy, Leverage, and Bank Risk-Taking

2010 ◽  
Author(s):  
Luc A. Laeven ◽  
Giovanni Dell'Ariccia ◽  
Robert S. Marquez
Keyword(s):  
Monetary Policy ◽  
Risk Taking ◽  
Bank Risk

scholarly journals Does Monetary Policy Affect Bank Risk-Taking?

2010 ◽  
Author(s):  
Yener Altunbas ◽  
Leonardo Gambacorta ◽  
David Marques-Ibanez
Keyword(s):  
Monetary Policy ◽  
Risk Taking ◽  
Bank Risk

scholarly journals Spillovers of US unconventional monetary policy: quantitative easing, spreads, and international financial markets

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Zekeriya Yildirim ◽  
Mehmet Ivrendi
Keyword(s):  
Monetary Policy ◽  
Financial Markets ◽  
Risk Taking ◽  
Large Scale ◽  
Emerging Market ◽  
Spillover Effects ◽  
International Financial Markets ◽  
Quantitative Easing ◽  
Unconventional Monetary Policy ◽  
The Us

AbstractThis study investigates the international spillover effects of US unconventional monetary policy (UMP)—frequently called large-scale asset purchases or quantitative easing (QE)—on advanced and emerging market economies, using structural vector autoregressive models with high-frequency daily data. Blinder (Federal Reserve Bank of St. Louis Rev 92(6): 465–479, 2010) argued that the QE measures primarily aim to reduce US interest rate spreads, such as term and risk premiums. Considering this argument and recent empirical evidence, we use two spreads as indicators of US UMP: the mortgage and term spreads. Based on data from 20 emerging and 20 advanced countries, our empirical findings reveal that US unconventional monetary policies significantly affect financial conditions in emerging and advanced countries by altering the risk-taking behavior of investors. This result suggests that the risk-taking channel plays an important role in transmitting the effects of these policies to the rest of the world. The extent of these effects depends on the type of QE measures. QE measures such as purchases of private sector securities that lower the US mortgage spread exert stronger and more significant spillover effects on international financial markets than those that reduce the US term spread. Furthermore, the estimated financial spillovers vary substantially across countries and between and within the emerging and advanced countries that we examine in this study.

scholarly journals Bank Risk-Taking and Monetary Policy Transmission: Evidence from China

2020 ◽  
pp. 1.000-64.000
Author(s):  
Xiaoming Li ◽  
◽  
Zheng Liu ◽  
Yuchao Peng ◽  
Zhiwei Xu ◽  
...  
Keyword(s):  
Monetary Policy ◽  
Risk Taking ◽  
Bank Risk ◽  
Monetary Policy Transmission ◽  
Policy Transmission
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