exposures significantly amplified the transmission of risk from the sovereign and its impact on lending. This amplification of … the impact on lending cannot be ascribed to spurious correlation or reverse causality. …

This paper analyzes the effect of bank recapitalizations on lending, funding and asset quality of European banks … sufficiently large recapitalization increase lending, attract more deposits and clean up their balance sheets. In contrast, banks … that receive a small recapitalization relative to their capital shortfall reduce lending and shrink assets. These results …

likely to apply for credit, and receive higher credit scores, and better lending terms. Via this credit channel, such … educational attainment affects bank credit decisions and subsequent individual and firm outcomes. Our results highlight a "Matthew …

The Basel III regulation explicitly prescribes the use of Hodrick-Prescott filters to estimate credit cycles and … concerns on its fitness for policy use. To investigate this problem we study credit cycles in a panel of 26 countries between …

-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management. …

loans. We find an asymmetric effect on the cost of credit: loan spreads decrease by approximately 5.9 basis points in … effect (working via firm's leverage) and, secondarily, a credit supply effect (working via bank market power and bank capital …

sellers shape the market structure in platform industries. If product market competition is tough, sellers avoid competitors … markets, several homogeneous platforms segment the market. Instead, if product market competition is soft, agglomeration on a … competition. …

We provide new evidence on the effects of competition on incumbents' innovative behavior by examining the rise of …, competition from start-ups results in a higher number of FinTech patent applications by financial incumbents as compared to non …

platforms and platform competition, and elaborates on some routes taken by recent research. …