Heterogeneous Banks

22.09.2026: Saki Bigio – The heterogeneous bank lending channel of monetary policy

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Presenter: Saki Bigio Affiliation: University of California, Los Angeles, Department of Economics Paper: The Heterogeneous Bank Lending Channel of Monetary Policy Date: September 22, 2026. Time: 15:00 Israel Time. Abstract: How does heterogeneity in banks’ interest-rate risk exposure shape monetary policy transmission? We develop a quantitative macroeconomic model of heterogeneous banks to answer this question. … Read more

12.07.2022: Tommaso Monacelli – HBANK: Monetary policy with heterogeneous banks

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Presenter: Tommaso Monacelli Affiliation: Bocconi University, Ettore Bocconi Department of Economics. Paper: HBANK: Monetary Policy with Heterogeneous Banks Date: July 12, 2022 Time: 13:00 GMT (16:00 Israel Time) Abstract: We study how bank heterogeneity and market power shape the transmission of monetary policy. In the data, following a monetary contraction, large banks lower their credit … Read more