---
title: The Fed Put and Bank Risk-Taking: Evidence from the Loan Book
url: https://www.ml-quant.com/papers/repec/ces-ceswps-12980/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-02
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:ces:ceswps:_12980
source_url: https://econpapers.repec.org/RePEc:ces:ceswps:_12980
featured: 2026-10-02
citations: unknown
topic: Risk, Credit & Banking
---


# The Fed Put and Bank Risk-Taking: Evidence from the Loan Book

The paper shows that monetary policy reduces perceived tail risk for bank equity, encouraging banks to originate riskier loans to commercial and industrial borrowers.

- Source: https://econpapers.repec.org/RePEc:ces:ceswps:_12980
- Identifier: RePEc:ces:ceswps:_12980
- Released: 2026-09-28
- First featured: Quant Letter No. 133 (2026-10-02): https://www.ml-quant.com/issues/2026-10-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Risk, Credit & Banking
- Authors: Xudong An, Jan Harren, Saket Hegde, Mete Kilic, Rodney Ramcharan

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