We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We first develop a theoretical model of the rela
We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We first develop a theoretical model of the rela
This paper explores the determinants of profitability across large euro area banks using a novel approach based on conditional profitability distributions. Real
This Palgrave Pivot provides a comprehensive overview of the dynamics that are affecting the profitability of European banks since the recent crisis period. Mor
A prolonged low-interest-rate environment presents a significant challenge to banks and is likely to entail major changes to their business models over the long