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

-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 …

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 …

investment). In addition, our empirical model allows for feedback from spending and income to bank capital adequacy and credit …. Hence, we trace the full credit cycle. An exogenous fall in the bank capital/asset ratio by one percentage poin … a negative shock to banks' capital/assetratio on lending standards, which in turn affect consumer credit, mortgages, and …

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 … flows of credit to unproductive firms represent important missed growth opportunities for more productive firms. These …

financial access faced by the low-income segments of population, this paper presents an analysis of a novel dataset on bank … the costs of maintaining a bank checking account and conducting a few basic transactions can exceed 5 percent of monthly …

banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank … capital ratios, more efficient production plans and Pareto-ranked real allocations. Perfect competition supports a second best … allocation and optimal levels of bank risk and capitalization. These results are at variance with those obtained by a large …

-to-assets ratio is ambiguous. Similarly, as competition increases, the probability of bank failure can either increase or decrease. We …. The model predicts that as competition increases, both loans and assets increase; however, the effect on the loans …