-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence …This paper examines the behavior of bank soundness indicators during episodes of brisk loan growth, using bank … credit booms supervisors need to carefully monitor the soundness of rapidly expanding banks and stand ready to take ac …

expansion of this market. We show that lending standards declined more in areas that experienced larger credit booms and house …

are experiencing credit booms. This paper analyzes the role of foreign-owned banks in these credit booms. The results show … financial conditions in the foreign bank's home country …

We study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic … relationship between credit booms and economic expansions, rising asset prices, real appreciations and widening external deficits …. Micro data show a strong association between credit booms and leverage ratios, firm values, and banking fragility. We also …

credit. We find evidence that informality is robustly and significantly associated with lower access to and use of bank … credit. We also find that higher tax compliance costs reduce firms' reliance on bank credit, while a stronger quality of the …, suggesting that the negative association between informality and bank credit is stronger in countries with weak tax …

resulted in deeper credit markets. To measure banking sectorreforms we use a new index that tracks policy changes in five …

banking system. We test for the likelihood that an extreme shock affecting a major, systemic U.K. bank would also affect …, bank soundness appears more susceptible to common (macro and market) shocks when the global environment is turbulent; this …

'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative … excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited …

This work employs a dynamic general equilibrium model to evaluate the causes and implications of bank insolvencies. The … withdraws deposits when borrowers default. If banks optimize by restricting credit to risky borrowers, these failures can be … policy offers the best way of responding to a bank crisis caused by exogenous shocks. …

shocks, led to a systemic banking crisis. The priorities for bank restructuring are to complete the separation of nonviable …