Using detailed data of all German banks, we find that banks which have suffered heavy credit losses reduce their … assumption of constant leverage. Weakly capitalized banks grant fewer new loans than other banks. We control for credit demand …

to bank loans, such as financing via equity, debt securities, trade credit and lending from non-banks. We investigate …-bank loans to be substitutes for bank loans with negative responses to a positive loan supply shock while trade credit is a …. Quantitatively, the developments in bank loans and trade credit dominate the response of the overall sum of the external financing …

-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we …This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

of macroprudential instruments addressing mortgage credit. The model compares the introduction of a loan-to-value ratio … results show that instruments work largely as intended and are to different extents suitable to dampen credit booms. Moreover …, there is a trade-off between effectiveness, i.e. the extent to which instruments are able to dampen credit booms, and …

lending can be explained by a shift in credit towards both export-intensive firms and small banks without foreign asset … exposure that have a higher share of exporting firms in their credit portfolio. We also find that German regions where these …

rate risk and to credit risk are remunerated, that banks' try to stabilize the mid-term net interest margin with exposure … credit risk …