This paper studies the relationship between competition measures at the bank level and the price of credit for non …

the introduction of a negative deposit facility rate by the European Central Bank led to an increased credit supply by … high-deposit financed banks. Given the importance of relationship banking, the extended credit is granted mainly by smaller … banks and via existing credit relationships to firms and households. Banks lend more often to indebted customers and to …

This paper evaluates the performance of structural VAR models in estimating the impact of credit supply shocks. In a … simple Monte-Carlo experiment, we generate data from a DSGE model that features bank lending and credit supply shocks and use … instrumental variable procedure to estimate the impact of the credit shock performs well and is relatively robust to measurement …

This paper evaluates the performance of a variety of structural VAR models in estimating the impact of credit supply …, on average, that credit supply shocks that raise spreads by 10 basis points reduce GDP growth and inflation by 1% after …

This paper explores the impact of international financial integration on credit markets in Latin America, using a cross … international financial shocks on aggregate credit and interest rate fluctuations. Nonetheless, the net impact of integration on … deepening credit markets dominates for the large majority of states of nature. The paper also uses a detailed bank-level dataset …