credit institutions operate. …

countries in the distributions of various measures of debt conditional on household characteristics. We consider three different … use data from the first wave of a new survey of household finances, the Household Finance and Consumption Survey, to …

default ratios in Spain for loans extended to the household sector. We estimate the models for two alternative definitions of … can be reasonably well characterised with the lagged LHS variable, and the contemporaneous and the lagged values of credit …

We assess the impact on the credit supply to non-financial corporations of the two verylong-term refinancing operations … identification challenges: (i) how to disentangle credit supply from demand; and (ii) the endogeneity of VLTRO bids, as banks with … more deteriorated funding conditions were more likely both to ask for a large amount of funds and to restrict credit supply …

collateral constraints. Second, credit flows are intermediated by monopolistically competitive banks, thus giving rise to …

bring about lower foreclosure rates. Lenders seem to ration credit to mitigate costly protective laws, thereby reducing …

and more or less risk sensitivity in capital requirements. Following the approach in Barth et al. (2004, 2006, 2008) we … their effect on banks' risk, capital, efficiency and cost. We show that more stringency and more risk sensitivity in …