Abundant Liquidity and Bank Lending Activity: an Assessment of the Risks
This paper assesses the risks facing the euro area banking system, as it returns to normal financial conditions without ECB support. In the first part we argue that risks to bank lending mainly stem from the transmission of external monetary policy effects that may not be aligned with ECB policies. The second part of the paper therefore offers some ideas on the need to moderate spillover effects from outside monetary policies or events. We also review how far new prudential policies, regulatory measures and/or policies can be used to mitigate those unfavourable risks. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs.
Análisis en profundidad
Autor externo
Andrew HUGHES HALLETT
Acerca de este documento
Tipo de publicación
Ámbito político
Palabra clave
- ASUNTOS FINANCIEROS
- banco central
- control de liquidez
- DERECHO
- Derecho civil
- Derecho de la Unión Europea
- economía monetaria
- elaboración del Derecho de la UE
- EMPRESA Y COMPETENCIA
- gestión administrativa
- gestión de riesgos
- instituciones financieras y de crédito
- institución financiera
- libre circulación de capitales
- norma técnica
- política monetaria
- PRODUCCIÓN, TECNOLOGÍA E INVESTIGACIÓN
- reglamentación financiera
- relaciones monetarias
- riesgo financiero
- solvencia
- tecnología y reglamentación técnica
- unión bancaria de la UE
- UNIÓN EUROPEA
- zona euro