considerable heterogeneity across banks and over time. The model illustrates that banks' reactions depend on initial balance sheet … conditions and reconciles evidence on short-term reductions in loan supply with findings suggesting that better capitalized banks …

-SII) buffer, on banks' lending and risk-taking behaviour. The O-SII buffer is a macroprudential policy aiming to increase banks … therefore promote the build-up (or deleverage) of banks' risk-taking. Since the end of 2015, national authorities, under the EBA … framework, started to identify banks as O-SII and impose additional capital buffers. The identification of the O-SII is mainly …

identify the effect of higher capital requirements by comparing the change in the outcome for banks just above and below the … discontinuity and on a difference-in-differences matching design. We find that, when parent banks are constrained with higher … effect by reducing banks' risk-taking while having a (temporary) adverse impact on the real economy through a decrease in …

How do banks respond to changes in capital requirements as a result of the stress tests? Does the disclosure of stress … test results matter? To answer these questions, we study the impact of European stress tests on banks’ lending, their … the 2016 and 2018 exercises covering a total of 93 and 87 banks, respectively; and (ii) quarterly supervisory information …

paper shows that banks were unwilling to do so during the pandemic. To the contrary, banks engaged in forms of pro … Banks, we isolate credit supply effects and find that banks with little headroom above regulatory buffers reduced their … lending relative to other banks, also when controlling for a broad range of pandemic support measures. Firms' inability to …

events, banks reduced sovereign debt holdings and realized accumulated capital gains only after QE. As a result, lending to …

Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

We investigate the effect of securitization activity on banks' lending standards using evidence from pricing behavior … on the syndicated loan market. We find that banks more active at originating asset-backed securities are also more …. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …

Banks are usually better informed on the loans they originate than other financial intermediaries. As a result … securitization activity on loans' relative credit quality employing a uniquely detailed dataset from the euro-denominated syndicated … loan market. We find that, at issuance, banks do not seem to select and securitize loans of lower credit quality. Following …