, China in practice banned imports of Norwegian salmon. The ban was an unexpected trade shock to the Norwegian salmon industry …. Using bank balance sheet and credit register data, we trace how this trade shock affected the lending behavior of banks … highly exposed to the salmon industry when the shock occurred. We find that, in the years following the trade shock, highly …

, China in practice banned imports of Norwegian salmon. The ban was an unexpected trade shock to the Norwegian salmon industry …. Using bank balance sheet and credit register data, we trace how this trade shock affected the lending behavior of banks … highly exposed to the salmon industry when the shock occurred. We find that, in the years following the trade shock, highly …

level to a temporary risk premium shock are larger and more persistent when the ZLB is binding. Our theoretical discussion …

cost channel theory. Taken together, the results of both panel data and time series analyses imply that the ECB’s low …