WORKING PAPER SERIES
NO 1166 / MARCH 2010
In 2010 all ECB publicationsfeature a motif taken from the €500 banknote.
DOES MONETARY POLICY AFFECTBANK RISK-TAKING?
by Yener Altunbas
, Leonardo Gambacorta
1 The opinions expressed in this paper are those of the authors only and do not necessarily reflect those of the European Central Bank or the Bank for International Settlements.2 Centre for Banking and Financial Studies, Bangor University, Bangor, Gwynedd LL57 2DG, United Kingdom; e-mail: Y.Altunbas@bangor.ac.uk 3 Bank for International Settlements, Monetary and Economics Department, Centralbahnplatz 2,CH-4002 Basel, Switzerland; e-mail: Leonardo.Gambacorta@bis.org 4 Corresponding author: European Central Bank, Kaiserstrasse 29, 60311 Frankfurt am Main,Germany; e-mail: David.Marques@ecb.europa.eu
This paper can be downloaded without charge from http://www.ecb.europa.eu or from the Social ScienceResearch Network electronic library at http://ssrn.com/abstract_id=1574188.
NOTE: This Working Paper should not be reported as representingthe views of the European Central Bank (ECB).The views expressed are those of the authorsand do not necessarily reflect those of the ECB.