We analyze the determinants of real estate and credit bubbles using a unique borrower-lender matched dataset on … mortgage loans in Spain. The dataset contain real estate credit and price conditions (loan principal and spread, and the … contract) and the lender identity, over the last credit boom and bust. We find that lending standards are softer in the boom …

We investigate the impact of the 2014 Interagency Clarification on the leverage risk premium for bank- and nonbank … facilities relative to bank facilities since the introduction of the 2014 Interagency Clarification. The decline in leveraged …

parameters affect bank credit supply … many of these loans are held by more than one bank. We study differences in banks' estimates of risk parameters used to …

large U.S. banks assign to syndicated loans for regulatory capital purposes. Using internal bank data on loans that had PDs … and LGDs assigned by more than one bank, we find substantial dispersion in these parameters. Banks differ substantially in … PDs, but only a few set PDs systematically higher or lower than the median bank. However, many banks differ from the …

decline in loan maturity is bank driven. In line with this premise, we find that the slope of the loan yield curve becomes …

interest rate discount is robust to borrower-, loan-, and bank-specific factors, macroeconomic factors and various types of … unobserved heterogeneity at the bank and firm levels. Using individual bank information about lending standards from the Senior … support of the bank risk-taking channel of monetary policy …

In this paper we aim to find out whether bank specialization and bank capitalization affect the relationship between … bank loan growth and bank capital ratio, both in expansions and in contractions. We hypothesize that the impact of bank …

Higher bank credit growth implies that excess returns of bank stocks over the next one year are lower by nearly 3 …%. Credit growth tracks bank stock returns over the business cycle and explains nearly 14% of the variation in bank stock … small time-varying probability of a tail event that impacts banks and bank-dependent firms. Consistent with this hypothesis …