this purpose, we measure the intermediation quality of a bank by estimating its profit and cost efficiency while taking the … “normal” and in “bad” times. These results provide evidence to the importance of swiftly restoring bank protability in euro … area crisis countries through addressing high non-performing loans ratios and decisive actions on bank recapitalization. …

right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … micro-macro panel dataset. Our research has three main findings: First, bank-level shocks significantly impact on GDP …

granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … micro-macro panel dataset. Our research has three main findings: First, bank-level shocks significantly impact on GDP …

. Using this framework, we show conditions under which idiosyncratic shocks to bank lending can generate aggregate … sector for many countries is indeed granular, as the right tail of the bank size distribution follows a power law. We then … concentration is associated with a positive and significant relationship between bank-level credit growth and aggregate growth of …