The Influence of Monetary Policy on Bank Profitability

By C. Borio, L. Gambacorta, Boris Hofmann. 2017

477 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2ec788b7548fbbc7b820b01167ce80a937e9c0d6

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Citations in the corpus

Monetary policy and bank lending in a low interest rate environment: Diminishing effectiveness? (2017, methodology): “The calculation is based on the non-linear model developed in Borio et al (2017), where the derivative increases as interest rates decline.”
Unconventional monetary policies: a re-appraisal (2018, background): “That said, the impact on bank profitability arises not so much from the direct tax on bank reserves but from the compression of the yield curve (Borio et al (2015)).”
Monetary Policy and Bank Profitability in a Low Interest Rate Environment (2018, unknown): “These potential downsides include a reduction in net interest income (Borio et al., 2017; Alessandri and Nelson, 2015) which could ultimately hamper the transmission of monetary policy (Brunnermeier and Koby, 2017).”
Bank profitability and risk-taking under low interest rates (2017, background): “Borio et al. (2015) further stress the importance of understanding this relationship for the evaluation of monetary policy as this is suspected to have serious side effects.”
Determinants of Bank Profitability—Evidence from Vietnam (2019, unknown): “Further avenue of research could be the link between monetary policy and bank profitability as in Borio, Gambacorta, and Hofmann (2017).”
How have central banks implemented negative policy rates (2016, background): “…their effectiveness in achieving the central bank objectives as well as their more general impact on financial and macroeconomic stability.11 This, however, is beyond the scope of this special feature.12 10 For a more detailed analysis, see Borio et al (2015), CGFS (2011) and Domanski et al (2015).”
The Rise of Zombie Firms: Causes and Consequences (2018, background): “Specifically, banks’ loan charge-offs appear to rise with higher nominal rates (Lepetit et al (2011)) and the interest rate sensitivity of loan loss provisions to increases at low nominal rates (Borio et al (2017)).”