The capital constraints channel of collateral eligibility: evidence from a credit support exit policy

Risky Financial Collateral, Firm Heterogeneity, and the Impact of Eligibility Requirements

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Bank Inflation Expectations, Risk Premia and Lending Behavior

The Impact of Monetary Policy on Banks' Risk-Taking Behaviour in Pakistan: The Role of Basel III

This study uses the data of 252 bank-years across 21 scheduled commercial banks in Pakistan covering the period of 2014 to 2025. It examines if alteration in the cash reserve requirement and in the interest-rate charged on loans are related to alteration in non-performing loans, as well as if Basel III liquidity protec...

Assessing the impact of a policy on reserve requirements: loan-level evidence

The Fed Put and Bank Risk-Taking: Evidence from the Loan Book

This paper shows that monetary policy changes the risk composition of bank lending by altering the perceived tail risk of bank equity: when FOMC announcements compress the likelihood of costly low-equity states, banks originate riskier commercial and industrial loans. We measure bank-specific tail-risk shocks using equ...