systemic importance and its approximate scale-­free distribution; (ii) on the preeminence of credit institutions as the main …

faster credit growth. We also find that the entry of new lenders contributed to the decline in lending standards. The results … on asymmetric information, and shed light on the relationship between credit booms and financial instability. …

credit availability, assets, employment and survival. Our findings therefore hold important implications for theory and …Abstract: We analyze the impact of the countercyclical capital buffers held by banks on the supply of credit to firms … suggest that countercyclical capital buffers help smooth credit supply cycles and in bad times have positive effects on firm …

This paper studies how credit constraints develop over bank relationships. I analyze a unique dataset of matched loan … application and loan contract information and measure credit constraints as the ratio of requested to granted loan amounts. I find … the first interaction between borrower and bank. Over loan sequences, credit constraints decease most pronouncedly in the …

that the bank’s internal credit rating scores play a significant role in default prediction. While the internal credit … ratings that contributes to the improvement in assessing credit quality. More importantly, the relative importance of soft …

In stationary point process theory, the concept Palm distribution plays an important role.Many important results (like … the family {Px} of PD s.It is used to generalize the inversion formula, well known from stationary point process theory …