severe, persistent credit crunch …

We propose an econometric analysis of the evolution of bank credit to the private sector in order to describe credit … cycles and identify phases of particularly low (or negative) credit growth such as those that typically accompany financial … results and provides a global view of the situation of credit for developed countries. In our preferred specification, the …

This article describes the different consumer credit crowdfunding platform models that are currently operating in Spain … higher than that of those borrowing from credit institutions …

credit register from Spain, with the time of a loan application and its granting. When VIX is lower (booms), banks shorten …

find that during the great recession access to credit of firms with weak balance sheets deteriorated relative to other … recession access to credit of weaker firms did not improve relative to other firms and it even further deteriorated somewhat. We … with the positive correlation we find between firms' access to bank loans and the number of firms' bank credit …

current and anticipated changes in banks' capital on firm lending. We isolate the role of credit supply factors using the …. The relatively small magnitude of credit supply factors may be explained by the weakness of loan demand in a context of a …

This paper investigates the impact of private credit contractions on labor market performance. Impulse responses for … period 1980-2013. The empirical findings suggest that a decline in private credit can generate sizable and statistically … significant increases in all three unemployment measures. On average, credit contractions in the sample increase total …

constraints, a housing bubble initially raises credit demand by housing firms while leaving credit supply unaffected. It therefore … crowds out credit to non-housing firms. If time passes and the bubble lasts, however, housing firms eventually pay back their … higher loans. This leads to an increase in banks' net worth and thus to an expansion in their supply of credit to all firms …

and firm-specific measures of upstream and downstream exposure, we construct firm-specific exogenous credit supply shocks … and estimate their direct and indirect effects on real activity. Credit supply shocks have sizable direct and downstream … corroborate the importance of network effects in quantifying the real effects of credit shocks and show that real effects vary …