find that: bond finance dampens the overall response of firm credit to monetary policy shocks in economies with a high …

Do borrowers demand less credit from banks with weak balance sheet positions? To answer this question we use novel bank … conventional monetary policy shock, bank balance sheet strength influences not only credit supply but also credit demand. The … resilience of lenders plays an important role for firms when selecting whom to borrow from. We also assess the impact on credit …

Bank market power, both in the loan and deposit market, has important implications for credit provision and for … offer demandable contracts. This structure allows us to review the literature on the role of market power for credit …

when banks do not, their own stress can trigger a contractionary credit supply effect for firms. …