This study analyses the effects of monetary and prudential policies taken in response to the
outbreak of the coronavirus pandemic to support bank lending conditions. More precisely …

This study investigates the impact of the ECB's Targeted Longer-Term Refinancing
Operations (TLTROs) on Italian provinces' economic development. The program provided …

We study the effects of the Main Street Lending Program (MSLP)—an emergency lending
program aimed at supporting the flow of credit to small and mid-sized firms during the …

We assess whether dual interest rates–central bank funding at rates below the interest rates
on reserves–influence the size and composition of bank credit. We measure exposure to the …

We exploit announcements related to targeted longer-term financing operations (TLTROs)
as exogenous shocks in investor perceptions to test recent theories on bank funding liquidity …

We exploit variation in the share of seniors across European banking markets to construct
an IV for banks' dependence on long-term deposit funding and find that greater long-term …

This paper studies the influence of central bank lending operations on the announcement
effects of European banks' seasoned equity offerings (SEOs). We find that larger …

We demonstrate that central bank funding schemes with favorable interest rates or
advantageous collateral terms can adversely influence bank loan contracting and borrower …

When firms announce their intention to raise equity through a seasoned equity offering
(SEO), their stock tends to underperform relative to the market following this announcement …

Results Our results indicate that a greater share of long-term deposit funding is associated
with a smaller likelihood of obtaining TLTRO funds. We further show that this effect is …