We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt …

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 …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect …

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 …

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

firms in the non-financial sector. It finds that bank competition has an overall positive effect on firm creation. However …, consistent with theories of banking arguing that competition may reduce the availability of credit to informationally opaque … firms, it also finds that asymmetric information limits the overall positive effect of bank competition on firm creation …

and higher nonperforming loans were found to be more sensitive to swings in sovereign spreads. Credit supply constraints … due to bank funding shortages from the sovereign debt crisis were a major factor behind the lending slowdown in late 2011 …, while in 2012 weak demand appears to have been driving changes in credit more than supply …

-service-to-income ratios, in affecting developments in house prices and credit. We use data on 99 lending standard restrictions implemented in … house prices and credit. However, the impact is delayed and reaches its peak only after three years. In addition, the impact …