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Against the backdrop of a high stock of non-performing loans (NPLs) in several European countries, this paper investigates the role of NPLs for lending rates charged for newly granted loans in the euro area. More precisely, it looks for an effect that extends beyond losses caused by that stock...
Persistent link: https://www.econbiz.de/10011955694
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 …
Persistent link: https://www.econbiz.de/10012792736
and by the central institutions of savings banks and credit unions. Third, for the banks affected by the levy, we find …
Persistent link: https://www.econbiz.de/10010459282
German credit register to show that asset scarcity had real effects: Banks more exposed to asset scarcity increased their … credit supply. …
Persistent link: https://www.econbiz.de/10012651072
reserve-rich banks’ credit supply is less sensitive to the monetary policy tightening compared to other banks. The effect …
Persistent link: https://www.econbiz.de/10014481115
minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. …
Persistent link: https://www.econbiz.de/10011541056
experienced pronounced credit booms at the same time that these imbalances were building up, this paper investigates the link … between domestic credit developments and the current account balance, distinguishing between a credit pull and a credit push …
Persistent link: https://www.econbiz.de/10011373649
The US credit boom has been identified as one of the causes of the global financial crisis and the resulting debt … overhang is seen as the primary reason for the weak economic recovery. Most of the existing literature links the credit boom to … non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …
Persistent link: https://www.econbiz.de/10011456517
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 …
Persistent link: https://www.econbiz.de/10012034573
credit demand-side factors. The public mandate is set by local governments and stipulates a deviation from strict profit … percent less cyclical than other local banks. The result is credit supply-side driven and especially strong for savings banks …
Persistent link: https://www.econbiz.de/10011391616