question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

bank and a crowdlending platform and show that the entry of crowdlending can induce a switching effect as well as a credit …

The amount of credit in the economy is a heterogeneous aggregate that can be analyzed across different dimensions …. Considering such dimensions provides insights into the effect of monetary policy interventions because the credit components are …

question, we identify the compositional changes in banks’ supply of credit using the variation in their holdings of residential …

order to escape the current combination of liquidity trap and credit crunch. It shortly discusses reasons for this measure …

indeed been succesful in stimulating the credit flow of banks to the private sector. Second, we find support for the “bank … mechanism of the Eurosystem’s credit support policies since the start of the crisis. First, we show that these policies have … effect). The role of bank capital is, however, ambiguous. Besides the above favorable direct effect on loan supply, lower …

Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank … margins, but credit and interest rate risk increase. Portfolio rebalancing implies relatively more lending, also compared to …