Bank portfolio choice and the macroeconomy

Aksoy, Yunus and Basso, H. (2015) Bank portfolio choice and the macroeconomy. [Letter]

Text
bank-portfolio-choice-and-macroeconomy - Published Version of Record
Available under License Creative Commons Attribution No Derivatives.
Download (62kB)

Official URL: http://voxeu.org/article/bank-portfolio-choice-and...

Link to Research Data: http://voxeu.org/article/bank-portfolio-choice-and-macroeconomy

Abstract

Banking activities have received increasing attention in the aftermath of the Crisis. This column focuses on the effects of bank portfolio choice on asset prices. The term spread is strongly influenced by banks’ expectations of their future profitability. Banks' funding activities, through the securitisation market, create conditions for higher leverage and may lead to a reduction in risk premia. Through its effects on asset prices, bank portfolio choice impacts the real economy, increasing its importance for policymaking.

Metadata

Item Type:	Letter
School:	Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
Research Centres and Institutes:	Applied Macroeconomics, Birkbeck Centre for
Depositing User:	Yunus Aksoy
Date Deposited:	15 Mar 2017 13:58
Last Modified:	02 Aug 2023 17:32
URI:	https://eprints.bbk.ac.uk/id/eprint/18348

Statistics

DownloadsShow export options

Activity Overview

6 month trend

161Downloads

6 month trend

582Hits

Additional statistics are available via IRStats2.

Archive Staff Only (login required)

Edit/View Item