Financial Intermediaries and Monetary Economics

By Tobias Adrian, Hyun Song Shin. 2010

645 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9b04d8bfc9df3c31320bb4be16f99dbde1d3e77f

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Citations in the corpus

Global Imbalances and the Financial Crisis: Link or No Link? (2011, neutral): “On this, see, for instance, Borio and Zhu (2008), Rajan (2005), Adrian and Shin (2009), Fahri and Tirole (2009) and, for empirical evidence, the studies mentioned in Gambacorta (2009).”
The Bank Lending Channel: Lessons from the Crisis (2011, positive): “6 See Van Hoose (2007) for a review.”
Monetary policy and bank lending in a low interest rate environment: Diminishing effectiveness? (2017, background): “This has given support to a different dimension of the monetary transmission mechanism: the so-called risk-taking channel (Adrian and Shin (2010), Borio and Zhu (2012)).”
Procyclicality and Monetary Aggregates (2011, positive): “Figure 2, taken from Adrian and Shin (2010), shows the scatter chart of the weighted average of the quarterly change in assets against the quarterly change in leverage of the (then) five stand-alone US investment banks.3 Leverage is the ratio of total assets to equity.”
Monetary Policy and Financial Stability: What Role in Prevention and Recovery? (2014, neutral): “6 For a discussion of the impact of monetary policy on risk-taking in the narrow sense, see Borio and Zhu (2008), Adrian and Shin (2010) and Rajan (2005); for empirical evidence, see eg, Altunbas et al (2010) and Paligorova and Santos (2012).”
Does Monetary Policy Affect Bank Risk-Taking? (2010, neutral): “First, low interest rates affect valuations, incomes and cash flows, which in turn can influence how banks measure risk (Adrian and Shin, 2009a; 2009b; Borio and Zhu, 2008).”
The Financial Cycle and Macroeconomics: What Have We Learnt? (2014, neutral): “This analytical definition is closely tied to the increasingly popular concept of the “procyclicality” of the financial system (eg, Borio et al (2001), Danielsson et al (2004), Kashyap and Stein (2004), Brunnermeier et al (2009), Adrian and Shin (2010)).”