Banks’ Regulatory Buffers, Liquidity Networks and Monetary Policy Transmission

Merkl, Christian; Stolz, Stéphanie

[journal article]

dc.contributor.author	Merkl, Christian	de
dc.contributor.author	Stolz, Stéphanie	de
dc.date.accessioned	2011-04-01T04:40:00Z	de
dc.date.accessioned	2012-08-30T04:45:42Z
dc.date.available	2012-08-30T04:45:42Z
dc.date.issued	2009	de
dc.identifier.issn	1466-4283
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/24206
dc.description.abstract	Based on a quarterly regulatory dataset for German banks from 1999 to 2004, this paper analyzes the effects of banks’ regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results provide evidence in favour of the bank capital channel theory. Banks holding less regulatory capital and less interbank liquidity react more restrictively to a monetary tightening than their peers.	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.title	Banks’ Regulatory Buffers, Liquidity Networks and Monetary Policy Transmission	en
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Applied Economics	de
dc.source.volume	41	de
dc.source.issue	16	de
dc.subject.classoz	National Economy	en
dc.subject.classoz	Volkswirtschaftstheorie	de
dc.identifier.urn	urn:nbn:de:0168-ssoar-242060	de
dc.date.modified	2011-04-01T04:40:00Z	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	en
ssoar.contributor.institution	http://www.peerproject.eu/	de
internal.status	-1	de
dc.type.stock	article	de
dc.type.document	journal article	en
dc.type.document	Zeitschriftenartikel	de
dc.source.pageinfo	2013-2024
internal.identifier.classoz	1090301
internal.identifier.journal	21	de
internal.identifier.document	32
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1080/00036840802360245	de
dc.description.pubstatus	Postprint	en
dc.description.pubstatus	Postprint	de
internal.identifier.licence	7
internal.identifier.pubstatus	2
internal.identifier.review	1
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

Files in this item

Name:: ssoar-appecon-2009-16-merkl_et ...
Size:: 568.5Kb
Format:: PDF

View/Open

This item appears in the following Collection(s)

Volkswirtschaftstheorie
Economic Theory

Show simple item record