We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We find that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

borrower characteristics as well as internal and external credit scores. Our results suggest that relationships of all kinds …

This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After … building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses … panel probit models to analyse key determinants of credit-less recoveries. Our main findings are the following. First, our …

loan officers' compensation, banks' use of soft information in credit approval, and their lending standards. When … more competition, banks lower lending standards, may choose to disregard soft and use only hard information in their credit …

uncollateralized credit. We find that this kind of policy is more successful in suppressing equity price swings than moderating output …

between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … generations of entrepreneurs under complete and incomplete credit markets. Then, we exploit firm-level data for France, Germany … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We …

to activate macroprudential tools targeting excessive credit growth and leverage. To robustly select the key indicators … using credit to GDP gaps, credit to GDP ratios and credit growth rates, as well as real estate variables in addition to a …