European Union economy. We are able to detect the most important characteristics of default behavior: the amount of resources … had an account with the bank. Both methods are robust: they found similar variables as determinants. We therefore show …

predict the development of bank profitability due to demographic shifts up to 2025. One of the main findings is that the …

, in the post ]WWII era, this financial backup to the public side of the economy has occurred at the expense of bank … than the business cycle. After comparing our cycles with the prominent qualitative features of the Italian economy, we … cycle comovement increases when credit embodies public bonds held by banks, a bank financing to the public sector. However …

, small, and innovative firms) have a multitude of bank lenders, where one may be special in the sense of relationship lending …. However, theory does not tell us a lot about the economic rationale for relationship lending in the context of multiple bank … financing. To fill this gap, we analyze the optimal debt structure in a model that allows for multiple but asymmetric bank …

this new channel through which the dollar affects the U.S. economy, which we term the secondary market channel. …

We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical …

How does uncertainty affect the costs of raising finance in the bond market and via bank loans? Empirically, this paper … finds that heightened uncertainty is accompanied by an increase in corporate bond yields and a decrease in bank lending …

bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By … often supplied inelastically, thereby relaxing the economy's resource constraint. A more efficient loan restructuring …

mechanisms for bank risk-taking studied in a large partial equilibrium literature. We show that competitive equilibriums maximize … banks is higher than that of banks enjoying monopoly rents, and is robust to the introduction of social costs of bank … failures. In this model, there is no trade-off between bank competition and financial stability. -- general equilibrium ; bank …