Showing 1 - 10 of 338
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 … financial accounts data, it is estimated that, shortly before the onset of the financial crisis, just about 12% of loans to the …
Persistent link: https://www.econbiz.de/10011456517
This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in … lending can be explained by a shift in credit towards both export-intensive firms and small banks without foreign asset …
Persistent link: https://www.econbiz.de/10012792736
minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. …
Persistent link: https://www.econbiz.de/10011541056
methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the … growth rate of individual loans in our dataset is decomposed into bank, firm, industry and common shocks. Adverse bank shocks …We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the …
Persistent link: https://www.econbiz.de/10011495499
assumption of constant leverage. Weakly capitalized banks grant fewer new loans than other banks. We control for credit demand …Using detailed data of all German banks, we find that banks which have suffered heavy credit losses reduce their … using a new method, the construction of tailored hypothetical bank competitors. …
Persistent link: https://www.econbiz.de/10012651083
In the presence of financial frictions, banks' capital position may constrain their ability to provide loans. The … equilibrium elasticity of bank loan supply with respect to bank capital. Although the targeted elasticity is remarkably different …
Persistent link: https://www.econbiz.de/10012214741
How does bank distress impact their customers' probability of default and trade credit availability? We address this … bank-induced increase of firms' probabilities of default. Moreover, bailouts tend to reduce trade credit availability and … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times …
Persistent link: https://www.econbiz.de/10012103361
How does bank distress impact their customers' probability of default and trade credit availability? We address this … bank-induced increase of firms' probabilities of default. Moreover, bailouts tend to reduce trade credit availability and … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times …
Persistent link: https://www.econbiz.de/10012108717
Persistent link: https://www.econbiz.de/10011737707
Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects … 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