as soon as bank risk appetite heats up. Within this shorter time span, cuts must then be deeper than otherwise to also … achieve standard objectives. Finally, we analyze how robust this result is to the presence of a bank regulatory tool, and …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect …

procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …

broadly, credit channel of domestic monetary policy is not very strong at the aggregate level. Using bank-level data for nine … position), degree of foreign bank penetration of the domestic banking sector, and global financial conditions all have a …Given the heavy reliance on bank lending as the main source of financing in most Asian economies, banks could …

shocks on bilateral cross-border bank lending. We find robust evidence that an increase in funding costs following an … exogenous monetary tightening leads to a statistically and economically significant decline in cross-border bank lending. The …

decrease in bank leverage, our results indicate a broad-based overall contraction of cross-border lending if the shock …This paper analyzes the drivers of cross-border bank lending to 49 Emerging Markets (EMs) during the period 1990Q1 … literature has traditionally highlighted the influence of US monetary policy on driving cross-border bank flows, and more …

of the shock. The iterative full information estimation of the model reveals that changes in the co-movement between …