This paper investigates the relationship between bank competition and credit procyclicality for 17 OECD countries on the 1986-2009 period. We account for heterogeneity among countries in terms of bank competition through the use of a hierarchical clustering methodology. We then estimate panel...

The aim of this paper is to investigate the relationship between credit and business cycles within a nonlinear framework. To this end, we rely on the estimation of smooth transition regression models for a sample of 17 OECD countries over the 1986-2010 period. Our findings show that credit...

This paper examines the causal effect of bank credit expansion on fertility by exploiting exogenous increases in bank credit supply generated by the U.S. interstate branching deregulation between 1994 and 2005. I employ both traditional and staggered difference-in-difference methods to estimate...