foreign affiliates to help smooth domestic liquidity shocks. We also show that the existence of such internal capital markets … contributes to an international propagation of domestic liquidity shocks to lending by affiliated banks abroad. While these …

compiled from credit data at the Deutsche Bundesbank. Our aim is to gain more insight into the pattern of German bank lending …This paper studies German bank lending during the Asian and Russian crises, using a bank level data set, which has been … characterised by a general withdrawal from emerging markets. The use of micro data allows us to analyse and to model bank …

heuristic approaches which capture the deviation of a bank's portfolio from a specified benchmark. Conceivable benchmarks are … indicate contradicting results on the individual bank level. Since distance measures are more appealing from a theoretical …, may be misleading. We further find that, despite these differences on the individual bank level, both approaches reveal …

This paper studies the sectoral and geographical dimensions of the response of bank lending to sectoral growth. We use … several bank-level datasets provided by the Deutsche Bundesbank for the 1996-2002 period. Our results show that bank …. Moreover, we find that the response of lending depends on bank characteristics such as the banking groups, the banks? asset …

This paper analyzes how bank lending to the private nonbank sector responds dynamically to aggregate supply, demand and … output, prices, interest rates and bank loans over time. In order to assess the role of bank lending in the transmission of … to test the distributional implications of potential credit market frictions. The results suggest that there is no …