The Bank Capital Channel of Monetary Policy
By S. Heuvel. 2006
418 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/0d39ac2447112ef76f93a421e06f0c9549218473
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Citations in the corpus
- Delayed Expected Loss Recognition and the Risk Profile of Banks: delayed loss recognition and the risk profile of banks (2015, unknown): “Beatty and Liao (2011) empirically examine implications of the Van den Heuvel (2009) model by extending the empirical capital crunch model of Bernanke and Lown (1991) to incorporate DELR considerations.”
- Do Delays in Expected Loss Recognition Affect Banks' Willingness to Lend? (2011, unknown): “Van den Heuvel (2009) also models the effect of loan default shocks on new lending.”
- Credit Cycles, Credit Risk, and Prudential Regulation (2006, background): “In a more formalized framework, Van den Heuvel (2002) shows that the combination of risk-based capital requirements, an imperfect market for bank equity, and a maturity mismatch in banks’ balance sheets gives rise to a bank capital channel of monetary policy.”
- Risk and liquidity in a system context (2008, unknown): “The second is the channel that operates through the banks’ balance sheets, either through the liquidity structure of the banks’ balance sheets (Bernanke and Blinder (1988), Kashyap and Stein (2000)), or the cushioning effect of the banks’ capital (Van den Heuvel (2002)).”
- The Chicago Plan Revisited (2012, background): “The critical importance of this fact appears to have been lost in much of the modern macroeconomics literature on banking, with the exception of Werner (2005), and the partial exception of Christiano et al.”
- Banks’ procyclical behavior: Does provisioning matter? (2008, background): “Van den Heuvel (2002) focuses on capital requirements and de nes a bank capital channel by which monetary policy can change the supply of bank loans through its impact on bank equity.”
- Microprudential Regulation in a Dynamic Model of Banking (2014, result): “The annual percentage of reimbursed loan is 20%, so that the average maturity of outstanding loans is 4 years, in line with the assumption made by Van den Heuvel (2009).”