non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …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 …

to bank loans, such as financing via equity, debt securities, trade credit and lending from non-banks. We investigate … 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 …

percent less cyclical than other local banks. The result is credit supply-side driven and especially strong for savings banks …Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects … on financial stability and the real economy. We investigate the cyclicality of SME lending by local banks with vs …

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 … using a new method, the construction of tailored hypothetical bank competitors. …

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 …This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate …

This paper shows that the supply side of credit is a major factor for the phenomenonof hampered interest rate pass …-through in monopolistic banking markets. Our data,covering all 1,555 small and medium sized banks in Germany, provides a clear … market rates from their depositors. Because high market-power banks inour sample are relatively more profitable, they seem to …

Using a unique data set on German banks' sector specific loan exposures to the real economy and the corresponding write …-offs and write-downs, we examine the impact of loan portfolio sector concentration on credit risk. By controlling for common … risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …

minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. … profitability of German banks and their capacity to lend. With a NSFR-model that is partially calibrated against reported NSFRs, we … find that 9% of German banks do not comply with the NSFR (2014). This is a significant reduction compared to the 39% that …

We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the … methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the … one banking relationship as long as they account for only a small share of the total loan volume of their banks. The …

effect that extends beyond losses caused by that stock which have already been incorporated into the banks' capital positions … tends to be offset by loan loss reserves. Although the NPL stock affects banks' idiosyncratic funding costs as well, the … strongly affect the banks' interest rate pass-through. …