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regulatory capital buffer requirements for banks. The gap between the ratio of credit-to-GDP and its long-term backward …-wide vulnerabilities that typically lead to banking crises. Other indicators, such as credit spreads, are better in indicating the release … phase as they are contemporaneous signals of banking sector distress that can precede a credit crunch …
Persistent link: https://www.econbiz.de/10013067138
) in 2011. We find that US firms experience a reduction in credit lines but not in term loans from EU banks. In addition …, US firms are able to compensate for the reduction in credit lines from EU banks by securing liquidity facilities from US …
Persistent link: https://www.econbiz.de/10012836875
-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management …
Persistent link: https://www.econbiz.de/10012941795
surprises on credit supply, I take the changes in interest rate derivatives immediately after each MP announcement and bring … of the effects of contractionary MP on credit and about two thirds on employment …
Persistent link: https://www.econbiz.de/10012864776
This paper focuses on the recent changes in banking systems and how bank-specific characteristics have affected credit … supply in five Latin American countries (Brazil, Chile, Colombia, Mexico and Peru). We use detailed credit registry data and … funding, and a commercial business model generally supply more credit. Such banks are also more sheltered from monetary and …
Persistent link: https://www.econbiz.de/10012864779
exploit GFC shocks and Brazilian interventions in FX derivatives using three matched administrative registers: credit, foreign … credit flows to banks, and employer-employee. After U.S. Federal Reserve Taper Tantrum (followed by strong Emerging Markets FX … depreciation and volatility increase), Brazilian banks with larger ex-ante reliance on foreign debt strongly cut credit supply …
Persistent link: https://www.econbiz.de/10012857781
to liquidity risk contracted their supply of credit more sharply. I contribute to the identification of this effect by … important determinant of the contraction of credit in the mortgage market, but as separate from the precipitous fall in credit …
Persistent link: https://www.econbiz.de/10013039970
We study the impact of bank credit supply on firm output and productivity. By exploiting a matched firm-bank database … which covers all the credit relationships of Italian corporations over more than a decade, we measure idiosyncratic supply …-side shocks to firms' credit availability. We use our data to estimate a production model augmented with financial frictions and …
Persistent link: https://www.econbiz.de/10012923261
This paper uses loan-level data from Peru's credit registry to determine how the role of bank-specific characteristics … (i.e. bank size, liquidity, capitalization, funding, revenue, and profitability) may affect the supply of credit in …. Finally, we assess how the link between bank-specific characteristics and credit supply is affected by global financial …
Persistent link: https://www.econbiz.de/10014104725
credit booms. Such equilibria are characterised by sharp increases in credit supply and deteriorations in average loan …
Persistent link: https://www.econbiz.de/10013028276