to the banking sector. We find evidence that changes in lending by large banks have a significant impact on GDP growth …

summarizing conditions in the banking sector. We use data of more than 1,500 commercial banks from the U.S. call reports to … address the following questions. How are macroeconomic shocks transmitted to bank risk and other banking variables? What are …

to the banking sector. We find evidence that changes in lending by large banks have a significant impact on GDP growth …

to the banking sector. We find evidence that changes in lending by large banks have a significant impact on GDP growth …

to the banking sector. We find evidence that changes in lending by large banks have a significant impact on GDP growth …

) disintermediation compared to, for instance, the United States. This could be attributed to the fact that universal banking in Germany … creates implicit barriers to entry. Yet, regulatory and informational differences which are unrelated to universal banking … could be responsible for the observed difference. This paper provides a stylized theoretical model of the banking industry …

) disintermediation compared to, for instance, the United States. This could be attributed to the fact that universal banking in Germany … creates implicit barriers to entry. Yet, regulatory and informational differences which are unrelated to universal banking … could be responsible for the observed difference. This paper provides a stylized theoretical model of the banking industry …