across borders. The simultaneous use of country and bank fixed effects allows us to disentangle credit supply and demand and … to control for general bank characteristics. We find that during the crisis banks continued to lend more to countries …

banks. However if in extreme scenarios the LCR becomes a binding constraint, the interaction of bank behaviour with the …-testing model, which takes into account the impact of bank reactions on second round feedback effects. We show that a flexible …

Do tightenings of bank lending standards permanently reduce bank lending? We construct a measure of a bank's level of … lending standards using micro-data from the sample of banks participating in the Eurosystem Bank Lending Survey in The … relevant; a one point tightening reduces a bank's quarterly growth rate of business lending by about half a percentage point …

burden of the banking sector is modest. We model a regulator whose trade-off between bank risk and credit supply is derived … has through bank incentives. The larger the correlation between banks' projects, the more important the role for monetary … policy. In a dynamic setting, not internalizing bank risk leads a monetary authority to keep rates low for too long after a …

bank capital contingent on the bank's risk taking behaviour in choosing its asset portfolio. In a simple dynamic model of …

central bank and supervisory authorities, and strengthening the rule of law. …

. Bank management of both banks choose optimal levels of loans provided, equity ratio and e.ort to reduce loan losses so as … the constrained bank, whereas the pro.tability of its unrestricted competitor declines. Especially, if an ine.cient bank … stimulate banks to provide more loans. Too high requirements on the other hand relatively favour the ine.cient bank, and result …

account the capital adequacy requirements posed by the regulator. By easing its lending conditions a bank faces a tradeoff … conditions and the level of bank capital. In this extended model it turns out that it may be beneficial for a bank to hold more …