We examine the consequences of imposing higher capital requirements on banks (as under Basel III or, recently, in the case of large banks in the European context) for bank dynamics in complying with the new standards and for the long-term effects on bank lending rates and the demand for bank...

Artículo de revista

Artículo de revista ; Este articulo es un resumen del Documento de Trabajo titulado "Credit Growth, Problem Loans and Credit Risk Provisioning in Spain". Analiza los patrones de credito bancario en España y los determinantes del riesgo de credito ex post al nivel de cada banco. Examina las...

El trabajo analiza el comportamiento ciclico del credito bancario, la morosidad y la dotacion de provisiones para insolvencias en España. Al igual que ocurre en otros paises, estas tres variables son fuertemente cicliclas en España, lo que plantea ciertos problemas desde el punto de vista del...

In this paper we study the specialization of Spanish banks along two intertwined dimensions: size and ownership form. We find some interesting results at odds with the existing empirical literature. As commercial banks increase their size, they lend more to large borrowers but that is not the...

The paper sets an accounting and behavioral framework from which we derive a reduced-form equation to test income smoothing and capital management practices through loan loss provisions (PLL) by Spanish banks. Spain offers a unique environment to perform those tests because there are very...

This paper examines the effect of organizational distance (i.e. distance between the headquarters of the bank that grants a loan and the location of the borrower) on the use of collateral for business loans by Spanish banks on the basis of the recent lender based theory of collateral (Inderst...

Since bank credit lines are a major source of corporate funding, we examine the determinants of credit line usage with a comprehensive database of Spanish corporate credit lines. A line’s default status is a key factor driving its usage, which increases as a firm’s financial condition...

Using data on marginal interest rates of loan and deposit products by Spanish banks, we find that the level of interest rates on loans (deposits) across geographic markets decrease (increase) with the number of banks in each market, and that the level of interest rates on loans increases with...