During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability … needs; on the other hand, the tightening of credit supply was the result of banks� greater risk-aversion, difficulties in … others: lending to female firms may have suffered more during the crisis than other segments of the credit market. By using …

Structural Vector Autoregressions (SVAR) by focusing on the effects of monetary policy, credit supply and housing demand shocks … policy shocks in the U.S. The evidence is less clear-cut for housing demand shocks. Finally, credit supply shocks seem to …

pressures. Lending conditions also have a significant impact, especially through their effects on mortgage loans, and … developments in Italy have been broadly in line with the fundamentals; during the recent financial crisis, the worsening in credit …

We model the determinants of loans to non-financial corporations in the euro area. Using the Johansen (1992 … Vector Error Correction Model (VECM). We perform a number of specification tests, which suggest that developments in loans to …

of data on banks’ balance sheets, central banks and money market funds; on interest rates on deposits and loans; on non …

the fiscal regime when the signaling effect on credit ratings is larger (that is, when a sufficiently large stock of debt … the credit rating function and we successfully test it on Irish, Belgian, and Danish data from the late 1970s to the early …