This paper analyses the cyclical behaviour of bank credit, loan losses and provisions for loan losses in Spain. These … and regulators. In a context of strong competitive pressures, there is a tendency for loose bank credit conditions in an … upturn in view of the low level of contemporaneous non-performing loans. This may contribute to an over-extension of credit …

To identify credit availability we analyze the extensive and intensive margins of lending with loan applications and … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …-sheet channels ; financial accelerator ; firm borrowing capacity ; credit supply ; business cycle ; monetary policy ; credit channel …

’ impact on lending cycles, controlling for other determinants of credit growth. We find robust empirical evidence that higher … credit growth and reduces the credit's decline if a systemic crisis materializes. Conversely, overly depleted bank capital … when entering a credit contraction period severely impacts lending (i.e., may bring about a deep credit crunch), with …

To identify credit availability we analyze the extensive and intensive margins of lending with loan applications and … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …

To identify credit availability we analyze the extensive and intensive margins of lending with loan applications and … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …