bank liquidity induces a tightening impact on credit supply, as intended when central banks reduce their balance sheets … rapidly adapt to the new environment. Moreover, we show that the associated reduction in credit supply has real economic …

credit standards more than healthier banks, especially for firms with a higher default risk. We also show how credit … deterioration in banks' corporate loan portfolios. Here we find that weaker banks respond more forcefully by tightening their credit …

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

working via the credit channel, whereby monetary policy induces heterogeneous access to credit for business owners based on …

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 …

with the pandemic response measures, banks' ability to supply credit would have been severely affected. The results also … measures in supporting liquidity conditions and helping to sustain the flow of credit to the private sector. Finally, we …

We assess whether central bank credit operations influence the size and composition of bank credit in a negative … interest rate environment. We exploit confidential information from the newly established European credit registry to capture … credit easing measures had a strong positive effect on bank credit, even when controlling for possible confounding factors …

develops a simple analytical framework to study the impact of central bank policy-rate changes on banks' credit supply and risk … increase. Credit market competition plays an important role for the interplay of monetary policy and financing s tability. When … framework to discuss the literature on how monetary policy affects the credit supply of banks, with special emphasis on low and …