credit institutions operate. …

This paper analyses the cyclical behaviour of bank credit, loan losses and provisions for loan losses in Spain. These … and regulators. In a context of strong competitive pressures, there is a tendency for loose bank credit conditions in an … three variables are strongly cyclical in Spain -as in many other countries- and this poses some problems to bank supervisors …

household credit, considering that the behaviour of its determinants is exogenous. According to the evidence reported, household …

Since bank credit lines are a major source of corporate funding, we examine the determinants of credit line usage with … a comprehensive database of Spanish corporate credit lines. A line’s default status is a key factor driving its usage … decisions, and credit line usage is found to be inversely related to macroeconomic conditions. …

current and anticipated changes in banks’ capital on firm lending. We isolate the role of credit supply factors using the … variation in capital growth associated to the bank-specific historical exposure to real estate development –measured 10 years …. The relatively small magnitude of credit supply factors may be explained by the weakness of loan demand in a context of a …

This paper uses panel data on banks, for the period 1991-98, to test the existence of a banklending channel in the … analyse the differential responses, to monetary policy changes, of bank lending by banks with different size, liquidity and … results are mostly against the existence of a bank-lending channel in the period under analysis. This result appears to be …

monetary policy does alter bank loan supply, with the effects most dependent on the liquidity of individual banks. Unlike in … the US, the size of a bank does generally not explain its lending reaction. We also show that the standard publicly …

Mercantile Registry and the Bank of Spain Credit Registry (CIR) to classify firms according to their number of banking relations … find that unbanked firms have a financial structure which is close to credit subject to moral hazard with unobserved effort … importance of such groups in a European country. We control for reverse causality by treating bank relationships as endogenous …

confidentiality. An additional important characteristic of the EFF is that the second, third, and fourth waves have a panel component …