We analyze the credit supply and real sector effects of bank bail-ins by exploiting the unexpected failure of a major … Portuguese bank and subsequent resolution. Using a matched firm-bank dataset on credit exposures and interest rates, we show that … while banks more exposed to the bail-in significantly reduced credit supply at the intensive margin, affected firms …

variables prove to affect loan prices, collateral requirements and credit availability. …

availability of credit to small businesses which has been further fueled by empirical studies that partly confirm a reduction in …

firms accelerate, loan growth. We find that small firms increase trade credit, a substitute credit, indicating a strong loan …-desirable alternative. Using trade credit is propitious since unlike commercial paper (investigated by previous researchers), it is widely … used by the small firms suffering the loan decline. Surprisingly, we also find large firms increase trade credit, a puzzle …

This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …

use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …

? liquidity constraints. We also demonstrate that increasing the rate of inflation can be welfare improving when credit rationing …

The recent financial crisis has put the spotlight on the rapid rise in credit which preceded it. In this paper, we … provide an empirical and theoretical analysis of the credit boom and the macroeconomic context in which it developed. We find … economies in which it took place. We show that this type of credit and financial cycle is hard to reconcile with existing …