Using data from “The Senior Loan Officer Opinion Survey” of sixty U.S. commercial banks, we investigate whether the level of interest rates influences banks' lending standards for business firms. We find that low levels of both short and long term rates are associated with lower percentage...

Using firm-level data from surveys and financial statements, this paper presents an analysis of credit standards, capital allocation and financial conditions of non-financial enterprises in Denmark since the beginning of the financial crisis. The analysis indicates that low interest rates and...

We study how low interest rates in the United States affect risk taking in the market for cross-border corporate loans. Because banks tend to originate these loans with intent to sell to nonbank investors, we examine risk taking by the broad financial system. To the extent that actions of the...