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dc.contributor.authorFernández Lafuerza, Luis
dc.contributor.authorMencía, Javier
dc.coverage.spatialZona euro
dc.date.accessioned2020-11-23T20:13:40Z
dc.date.available2020-11-23T20:13:40Z
dc.date.issued2020-11-17
dc.identifier.urihttps://repositorio.bde.es/handle/123456789/14141
dc.descriptionArtículo de revista
dc.description.abstractThis article assesses the cost of bank equity in Spain and the euro area since 2007, focusing particularly on the period of the COVID-19 pandemic. There was a marked rise in the cost of equity in March 2020, followed by a decline in the subsequent months. The article assesses the factors responsible for this movement, and compares it against the change in interest rates on alternative bank funding instruments.
dc.format.extent11 p.
dc.language.isoen
dc.publisherBanco de España
dc.relation.ispartofEconomic Bulletin / Banco de España, 4/2020
dc.relation.hasversionVersión en español 123456789/14182
dc.rightsReconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
dc.rightsIn Copyright - Non Commercial Use Permitted
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
dc.rights.urihttp://rightsstatements.org/vocab/InC-NC/1.0/
dc.subjectCost of equity
dc.subjectBank funding
dc.subjectCOVID-19
dc.subjectFinancial analysis
dc.subjectEconomy of the European Union
dc.titleRecent developments in the cost of bank equity in Europe
dc.typeArtículo
dc.identifier.bdebib000470571
dc.identifier.bdepubECBU-2020-4B-art37
dc.subject.bdeTeoría monetaría
dc.subject.bdeInstituciones crediticias de depósito
dc.publisher.bdeMadrid : Banco de España, 2020
dc.subject.jelG21
dc.subject.jelG12
dc.subject.jelE43
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