Faculty News
Joint research on the transmission of central bank liquidity to bank deposits and loan spreads in Europe by Professor Viral Acharya is mentioned
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Excerpt from Brookings Institute Blog -- "Using corporate deposit and loan transaction data for European banks from January 2006 to June 2010, Viral Acharya of NYU Stern School of Business and coauthors find that the European Central Bank’s increase in liquidity provision beginning in October 2008 lowered deposit spreads for both high-risk and low-risk banks, but reduced loan spreads only for low-risk banks."
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