Negative Monetary Policy Rates and Portfolio Rebalancing: Evidence from Credit Register Data
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More about this item
Keywords
WP; exposure variable; bank control variables; credit supply; policy rate; total assets; yield curve; Negative interest rates; portfolio rebalancing; bank lending channel; liquidity management; Eurozone crisis; net interbank position; loan growth; bank characteristic; bank-issued securities; bank asset allocation; NIRP period; NIRP-affected bank; NIRP announcement; risk-reward calculus; Bank credit; Loans; Bank deposits; Credit; Central bank policy rate;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2020-08-17 (Banking)
- NEP-IFN-2020-08-17 (International Finance)
- NEP-MAC-2020-08-17 (Macroeconomics)
- NEP-MON-2020-08-17 (Monetary Economics)
Statistics
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