credit growth and the severity of the financial crisis, we find that countries with stronger FSCs are more likely to use the …

bank credit. We find that banks with strong balance sheets were better able to maintain lending during the crisis. In … credit more than other banks. However, higher levels of better-quality capital mitigated this effect. Our results suggest … that strong bank balance sheets are key for the recovery of credit following crises, and provide support for regulatory …

How does a shock to the liquidity of bank assets affect credit supply, cross-border lending, and real activity at the … reduce spreads by 16 basis points, compared to banks with smaller holdings of such loans. The additional credit is mainly …

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 …

negatively related to credit spreads. Particularly during the financial crisis of 2007-09 and the subsequent European debt crisis …, lending was reduced and we observe that banks requested higher credit spreads. Of particular importance is that market …

will stop credit intermediation. …

reserve-rich banks’ credit supply is less sensitive to the monetary policy tightening compared to other banks. The effect …

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 …