-collateralized commercial paper can be econometrically attributable to measures of corporate credit/financial risk premiums. Because commercial … paper and bankers acceptances are short-lived, they are more timely measures of the availability of short-term credit than … Depression, which aside from analyzing securities prices, typically investigates the behavior of credit-related variables that …

investigate how such a bank capital requirement affects the international transmission of productivity and loan default shocks …. Three findings emerge. First, the bank's capital requirement has little effect on the international transmission of … characterized by large credit losses in the US and a simultaneous sharp output reduction in the U.S. and the euro Area. Our results …

dangers posed by the rapid expansion of credit and resulting private sector balance sheet developments were inadequately …