explaining China's and India's growth. Specific financial sector policies are shown to map well the size and changes in the … guidance in bank lending, have implied large transfers from households to firms that have kept capital …

India's financial sector has faced many challenges in recent decades, with a large, negative, and persistent credit to … and analyze the link between bank balance sheets, credit growth, and long-term growth using bank-level panel regressions … for both public and private banks. We find that on a cyclical basis, a negative shock to credit or a rise in macro …

probability. Though results vary substantially across individual banks, domestic activity and U.S. growth, and higher asset prices …

indices; second, which bank-specific characteristics explain these risk exposures; third, are there clusters of banks with … is the evolution of banks' stock price exposure to country-level and global risk factors as approximated by equity … risk, specifically, has been steadily rising since 2008. Banks that are reliant on wholesale funding, have weaker capital …

advanced and emerging economies. This paper studies how well Indian banks allocate capital across firms with varying levels of … productivity. The analysis reveals that the link between productivity and bank credit growth is weaker for firms with significant … ties to public sector banks, especially in years when public sector banks represent a large share of new credit. Large …

from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure … to sovereign risk created a fragile inter-dependence between fiscal and bank solvency. This paper presents a simple model …

This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It …