Altavilla, Carlo; Boucinha, Miguel; Peydró, José-Luis; … - 2020
with monetary policy. For identification, we exploit: (i) a new, proprietary dataset based on 15 European credit registers …-country difference within and outside the euro area. First, supranational supervision reduces credit supply to firms with high credit … risk, but strengthens credit supply to firms without loan delinquencies, especially for banks operating in stressed …