Bonis, Riccardo De; Stacchini, Massimiliano - Money and Finance Research group (Mo.Fi.R.) - 2010
Given the importance of banking intermediation, we investigate the determinants of the size of bank loans in 18 OECD countries in the period 1981-1997. The aim of the paper is to show that the ratio of government debt to GDP has a negative effect on the level of bank credit. Second, countries...