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- W2565437076 abstract "Central banking over the world has changed after the 2008 financial crisis. Monetary policy has expanded the array of instruments it used in order to influence the macro economy. Major central banks started using not only traditional, conventional instruments, but also some nonstandard measures in order to avoid economic collapse and sustain the banking system. The aim of this paper is to analyse the impact of European Central Bank unconventional instruments, measured using the change in its balance sheet, on the bank risk-taking of commercial banks from Eurozone, captured by Z-Score. Our findings point to an increase of bank risk-taking, due to the use of unconventional monetary policy measures." @default.
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- W2565437076 date "2016-01-01" @default.
- W2565437076 modified "2023-09-23" @default.
- W2565437076 title "Unconventional Monetary Policy and Bank Risk Taking in Euro Area" @default.
- W2565437076 hasPublicationYear "2016" @default.
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