bank credit for SMEs, the consequences of Basel II on credit risk analysis and SMEs' possible strategic replies were …

evidence that foreign banking penetration can be associated with a contraction of banking credit, especially in countries with … poor credit markets. Second I present a model in which the presence or the absence of foreign lenders endogenously modifies … firms credit constraints and hence the volume of credit extended in the economy. Specifically, I show on the one hand that …

credit market integration across jurisdictions impact the desirability of a currency union. We show that when those … impediments induce a higher cost for banks to manage cross-border credit compared to domestic credit, welfare may not be maximal …

This study attempts to distinguish, in the impact on credit in France, between the effects of stock market shocks … positive credit gap but it was not entirely offset in 2004. …

Due to the unobservability of the new credit production, most of the empirical loan market studies use, instead, the … observable credit stock. This substitution has been pointed out to be likely to generate biases (e.g. see Lown and Peristiani …

This paper shows that, with pre-set price and capital decisions of firms facing uncertainty and credit rationing, price …

Due to the unobservability of the new credit production, most of the empirical loan market studies use, instead, the … observable credit stock. This substitution has been pointed out to be likely to generate biases (e.g. see Lown and Peristiani …

With the Euro Area context in mind, we show that currency arrangements impact on credit available through default … incentives. To this end we build a symmetric two-country model with money and imperfect credit market integration. Differences in … credit market integration are captured by variations in the cost for banks to grant credit for cross-border purchases. We …