We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using … individual-level micro data from Denmark. The reform allows us to disentangle the role of credit access from wealth effects that … typically confound analyses of the collateral channel. We find that a $30,000 increase in credit availability led to a 12 basis …

While theory predicts different effects of household credit and enterprise credit on the economy, the empirical … literature has mainly used aggregate measures of overall bank lending to the private sector. We construct a new dataset from 45 … developed and developing countries, decomposing bank lending into lending to enterprises and lending to households and assess …

new lines of credit and display lower credit scores than individuals who file for bankruptcy. Since bankruptcy filings …

Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This … paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of …

credit-fie information on distressed lending relationships in Germany. In particular, it includes information on bank pools …In the recent theoretical literature on lending risk, the common pool problem in multi-bank relationships has been … bank pools increases the probability of workout success and that coordination costs are positively related to pool size. We …

behavior following monetary policy shocks. In a first step, we show that the sensitivity of bank profits to interest rates … income gap also predicts the sensitivity of bank lending to interest rates, both for commercial & industrial loans and for … mortgages. Quantitatively, a 100 basis point increase in the Fed funds rate leads a bank at the 75th percentile of the income …

and property prices is large, our results suggest that the direction of influence goes from property prices to bank credit …

In this Paper, we examine bank lending decisions in an economy with spillover effects in the creation of new investment … opportunities and asymmetric information in credit markets. We show that such features may lead to strategic considerations in the … one bank does set a lower interest rate to capture a larger market, it may simultaneously reduce its lending. Our results …

that contains detailed credit-file information on distressed lending relationships in Germany, including information on …

: the borrowers' higher effort levels raise current profits (while each bank retains an informational advantage), but the …