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Talena Wahl

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Open access Sep 2026

Reconfiguring the bank lending channel: Regulation, liquidity, and monetary policy transmission in Germany

Using a monthly panel covering the full population of German banks from 1999 to 2024, this paper documents a structural break in the bank lending channel following the introduction of the Single Supervisory Mechanism (SSM) in November 2014. The empirical strategy combines fixed‐effects panel regressions, difference‐i...

Talena Wahl · 0 citations

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