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

This paper studies the relationship between banks' holdings of domestic sovereign securities and credit growth to the … lower credit growth to the private sector and with a higher return on assets of the banking sector. Analysis suggests that … the negative relationship between banks' claims on the government and private sector credit growth mainly reflects a …

are experiencing credit booms. This paper analyzes the role of foreign-owned banks in these credit booms. The results show …

countries including ownership, concentration, cross-border linkages, balance sheet exposures and risks, recent trends in credit …

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 …