We analyze the transmission of bank-specific liquidity shocks triggered by a credit rating downgrade through the … lending channel. Using bank-level data for US Bank Holding Companies, we find that a credit rating downgrade is associated …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect … during periods of financial instability only, even after controlling for credit demand effects. These results show that …

Despite robust deposit growth, credit growth has been sluggish in the Philippines. We attribute this to legacy …

We study the impact of bank credit on firm productivity. We exploit a matched firm-bankdatabase covering all the credit … relationships of Italian corporations, together with a naturalexperiment, to measure idiosyncratic supply-side shocks to credit … practices, while a credit expansion haslimited impact. Quantitatively, the credit contraction between 2007 and 2009 accounts …

Banking credit to the private sector in Latin America has on average increased by 7 percent of GDP from primo 2004 to … ultimo 2011, with real credit in some countries growing by up to 20 percent per year. This paper documents and analyzes the … patterns of credit growth in 18 countries in Latin America and uses econometric methods to determine whether it is indicative …

This paper studies the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and …

This paper investigates the behaviour of credit rating agencies using a natural experiment in monetary policy. We … the waiver of private credit rating eligibility requirements applied to recently downgraded issuers …

-specific time-varying measure of credit supply. The contraction in credit supply explains one fourth of the reduction in employment …