Showing 1 - 10 of 814
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
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
This paper introduces a new transmission channel of banking crises where sizable cross-border bank claims on foreign … that see banking crises originating from either domestic credit booms or from cross-border borrowing. I propose a combined …
Persistent link: https://www.econbiz.de/10012242495
credit growth and the severity of the financial crisis, we find that countries with stronger FSCs are more likely to use the … CCyB, especially relative to countries where a bank regulator or the central bank has the authority to set the CCyB. While …
Persistent link: https://www.econbiz.de/10012170614
minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. …
Persistent link: https://www.econbiz.de/10011541056
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 … growth rate of individual loans in our dataset is decomposed into bank, firm, industry and common shocks. Adverse bank shocks …
Persistent link: https://www.econbiz.de/10011495499
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. …
Persistent link: https://www.econbiz.de/10012651083
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
growth known from macroeconomics to identify credit booms and test our model for German bank and bankportfolio level data …Excessive credit creation by banks was at the root of the recent financial crisis. Nevertheless, micro … overoptimism causes excessive lending, subsequently yielding abnormal loan write-offs. We propose a new measure of excessive credit …
Persistent link: https://www.econbiz.de/10011339814