and the supply side, using a structural GVAR. We gain insights into the contribution of these shocks to the real economy … heterogeneity in the financial cycles between countries and the role of credit demand and supply shocks during the build up and …

We analyse the bank lending activity after the financial crisis and focus on bank-specific supply factors. Using a rich … loan supply. The empirical evidence shows that loan-rate spread and through this the supply of loans is negatively affected …

Current empirical methods to identify and assess the impact of bank credit supply shocks rely strictly on multi … economy and most prone to credit supply shocks. We propose and underpin an alternative demand control (using industry …-location-size-time fixed effects) that allows identifying timevarying cross-sectional bank credit supply shocks using both single- and multi …