Ivashina, Victoria; Laeven, Luc; Moral-Benito, Enrique - 2020
Using credit-registry data for Spain and Peru, we document that four main types of commercial credit-asset-based loans … credit dynamics and bank lending channels vary across these loan types. Moreover, aggregate credit supply shocks previously … identified in the literature appear to be driven by individual loan types. The effects of monetary policy and the effects of the …