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Photojournalism --- 316.773.3 --- Photography, Journalistic --- #SBIB:309H524 --- #SBIB:309H122 --- Camera journalism --- Editorial photography --- Journalism, Camera --- Journalistic photography --- News photography --- Photo journalism --- Photography for the press --- Press photography --- Commercial photography --- Journalism --- Illustrated periodicals --- Communicatieinhoud. Communicatieve functies van de boodschap--(communicatiesociologie) --- Audiovisuele communicatie: semiotiek --- Fotogrammen: functies, genres, historiek --- 316.773.3 Communicatieinhoud. Communicatieve functies van de boodschap--(communicatiesociologie)

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32.001 --- Politieke wetenschap --- 32.001 Politieke wetenschap

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Unconventional monetary policy is often assumed to benefit banks. However, we find little supporting evidence. Rather, we find some evidence for heightened medium-term risks. First, in an event study using a novel instrument for monetary policy surprises, we do not detect clear effects of monetary easing on bank stock valuation but find a deterioration of medium-term bank credit risk in the United States, the euro area, and the United Kingdom. Second, in panel regressions using U.S. banks’ balance sheet information, we show that bank profitability and risk taking are ambiguously affected, while balance sheet repair is delayed.

Banks and banking --- Bank management --- Management --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money --- Risk management. --- Banks and Banking --- Investments: Stocks --- Money and Monetary Policy --- Investments: Bonds --- Interest Rates: Determination, Term Structure, and Effects --- Monetary Policy --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- General Financial Markets: General (includes Measurement and Data) --- Monetary economics --- Investment & securities --- Unconventional monetary policies --- Yield curve --- Stocks --- Central bank policy rate --- Monetary policy --- Financial services --- Bond yields --- Interest rates --- Bonds --- United States