average, more capital means an acceleration of credit. But the elasticity of lending to capital depends on the intensity of …This paper examines the sensitivity of non-financial corporate lending to banks' capital ratio and their supervisory …-level Bank Lending Survey answers with the discretionary capital requirements set by the supervisory authority. We find that on …

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 …

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 …

competition reduces domestic lenders lending capacity and the collateral effect prompts foreign lenders to reduce their capital … 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 …

differentiation and imperfect competition in the banking sector. Macroeconomic shocks affect the return on capital and, together with …

, from access to securitized lending and stock markets. These limitations for SMEs may seriously limit their expansion … bank credit for SMEs, the consequences of Basel II on credit risk analysis and SMEs' possible strategic replies were …