, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …

reduce bank returns and tighten credit conditions for borrowers, constraining investment and growth. The effects are larger …We study the transmission of financial shocks across borders through international bank connections. Using data on … countries experiencing systemic banking crises on profitability, credit, and the performance of borrower firms. Crisis exposures …

We modify the Diamond and Dybvig (1983) model of banking to jointly study various regulations in the presence of credit … liability side. The endogenously determined asset portfolio and capital structure interact to support credit extension, as well …

We explore the structural drivers of bank and nonbank credit cycles using an estimated medium-scale macro model that … potentially drive bank and nonbank credit growth. We find that sectoral shocks affecting the balance sheets of entrepreneurs who … borrow from the financial sector are important for the business cycle frequency fluctuations in bank and nonbank credit …

), our approach estimates bank asset holdings at higher frequencies which allows us to derive precise estimates of (i …