Does the deposits channel work under a low interest rate environment?

Zombie Lending and Depressed Restructuring in Japan

Ricardo J. Caballero, Takeo Hoshi, Anil Kashyap · American Economic Review · 2008 · 1.5K citations

Economics, Financial System, Zombie Lending +14

Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking?

Econometrica · 2014 · 1.3K citations · Full text

Monetary Policy, Economics, Financial System +11

Has Finance Made the World Riskier?

Raghuram G. Rajan · European Financial Management · 2006 · 914 citations · Full text

Financial Risk Management, Has Finance, International Financial Crisis +19

The Deposits Channel of Monetary Policy*

Itamar Drechsler, Alexi Savov, Philipp Schnabl · The Quarterly Journal of Economics · 2017 · 842 citations

Monetary Policy, Economics, Financial System +10

Bank profitability and the business cycle

Ugo Albertazzi, Leonardo Gambacorta · Journal of Financial Stability · 2008 · 780 citations

Business Cycle Analysis, Bank Profitability, Business +3