We employ interest rates and expected loss probabilities from the 2021 EBA Stress Test dataset and euro area credit …-subsidization effect of credit risk. …

. Long-term interest rates have been exceptionally high and long-term loans and deposits exceptionally low since the Lehman … collapse. Instead, short-term interest rates and short-term loans and deposits did not show abnormal dynamics in the course of …

This paper contributes to the literature on the properties of money and credit indicators for detecting asset price … several macroeconomic monetary, financial and real variables. According to statistical tests, credit aggregates (either in … models ; monetary aggregates ; credit aggregates …

' balance-sheets, cost of funds and profitability, thus weighing negatively on their ability to supply new loans. This paper … empirical evidence presented suggests that banks' ability and willingness to supply loans affects overall bank lending activity … negatively affected by supply-side constraints. This applies both for loans to households for house purchase and for loans to non …

, comprehensive dataset of over one million loans by savings banks in Germany. We find that loans of retail customers, who have a … borrower characteristics as well as internal and external credit scores. Our results suggest that relationships of all kinds …

This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After … building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses … panel probit models to analyse key determinants of credit-less recoveries. Our main findings are the following. First, our …