Excess Liquidity and Bank Lending Risks in the Euro Area
Študija
14-09-2018
Low interest rates and excess liquidity in the euro area, which exceeded €1,900 billion in September 2018, might create financial stability risks. We clarify the notion of excess liquidity and highlight that its current level is primarily the result of European Central Bank asset purchases. Overall, we conclude that financial stability risks in the euro area are low, but increased home bias and housing prices necessitate full attention from macroprudential authorities. Monetary policy tools are anyway ill-suited to fostering financial stability objectives. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.
Študija
Zunanji avtor
Zsolt DARVAS, David PICHLER
O dokumentu
Vrsta publikacije
Politično področje
Ključna beseda
- bančna unija EU
- centralna banka
- civilno pravo
- denarni odnosi
- denarno poslovanje
- euroobmočje
- EVROPSKA UNIJA
- FINANCE
- finančna institucija
- finančna zakonodaja
- finančno tveganje
- kreditne in finančne institucije
- monetarna politika
- nadzor likvidnosti
- obvladovanje tveganja
- plačilna sposobnost
- POSLOVANJE IN KONKURENCA
- poslovodenje
- PRAVO
- pravo Evropske unije
- priprava zakonodaje EU
- PROIZVODNJA, TEHNOLOGIJA IN RAZISKOVANJE
- prost pretok kapitala
- tehnični standard
- tehnologija in tehnični predpisi