question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

the results depend on factors such as the severity of a credit crisis, the strength of the firm-bank relationship and the …In deciding whether to roll over a loan, a relationship bank that has imperfect private information about its borrowers … relationship bank if the firm is unable to find alternative lenders. This paper explores the differential effects of this trade …

credit growth and reduces the credit's decline if a systemic crisis materializes. Conversely, overly depleted bank capital …In this paper, we analyze the role bank capital played in systemic banking crises and in lending expansion and … narrative identification of banking crises in Spain. Afterwards, we run a proper econometric test to analyze bank capital levels …

After the inception of the euro, the real economy in most member countries remained dependent on credit by domestic … a result, domestic banks reduced lending which led to large declines in output in sectors with many small (bank …