leverage of the financial system, and prompted proposals by bank supervisors to significantly tighten bank capital requirements … new approach based on a data-rich environment at both the micro (bank) level and the macro level, using a combination of … bank panel regressions and macroeconomic factor models. We first identify bank leverage shocks at the micro level and …

We measure the impact of bank capital requirements on corporate borrowing and business activity. We use loan-level data … firms, under Basel 2, it depends in a predictable way on both the bank's model and the firm's risk. We exploit this two …-way variation to empirically estimate the semi-elasticity of bank lending to capital requirement. This rich identification allows us …

We exploit a unique monthly dataset of bank balance sheets to document the lending behaviour of euro area banks that … against exposure to sovereign debt. Controlling for bank characteristics and demand at the level of country of residence, we …

importance of some non-dealer/non-bank participants belonging to the shadow banking system. …

The aim of this paper is to check the possible existence of a bank lending channel in France. For that purpose, we have … on bank lending. …

from an implicit bank specific capital target and macro impacts of capital shortages on aggregate lending. (i) Our … quantitative country-wide index of bank capitalisation is consistent with the qualitative reports of the ECB Bank Lending Survey …

This paper focuses on the access of independent French SMEs to bank lending and analyzes whether the observed evolution …

provision of central bank liquidity to banks has on the credit supply to firms. We control for credit demand by examining firms … banks bid more, and larger borrowers benefited more. The opportunity to substitute long-term central bank borrowing for …