Bank lending expanded rapidly in Italy in the second half of the 1980s and early 1990s. By contrast, in the four years … trends: Was there a structural change in firms’ demand for credit after 1993? Are there systematic differences in the … developments in credit? The evidence presented delineates a rather clear picture. At national level the demand for loans was stable …

bank loans, using a sample of over 50,000 individual lines of credit granted by Italian banks. Two empirical models are … riskiness and the presence of guarantees on their bank loans; the second compares the interest rates charged on secured and … singling out the direct effect of the presence of guarantees on credit risk. The empirical results show that real guarantees …

effect on the level of bank credit. Second, countries with a German legal origin have higher ratios of loans to GDP than …Given the importance of banking intermediation, we investigate the determinants of the size of bank loans in 18 OECD …

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

analyse the impact of permanent and temporary shocks to the policy rate on bank lending to non-financial corporations. …