This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … output growth. The responses of the lending survey, especially those related to loans to enterprises, are a significant … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … output growth. The responses of the lending survey, especially those related to loans to enterprises, are a significant … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

banks during the slump of the real economy that followed the financial crisis. In particular, we seek to quantify the …

banks during the slump of the real economy that followed the financial crisis. In particular, we seek to quantify the …

the supply side of bank lending. The financial turmoil starting in mid-2007 had detrimental consequences for banks … empirical evidence presented suggests that banks' ability and willingness to supply loans affects overall bank lending activity … examines the impact of supply constraints on bank lending in the euro area with a special focus on this turmoil period. The …

the supply side of bank lending. The financial turmoil starting in mid-2007 had detrimental consequences for banks … empirical evidence presented suggests that banks' ability and willingness to supply loans affects overall bank lending activity … examines the impact of supply constraints on bank lending in the euro area with a special focus on this turmoil period. The …

enterprises, as captured by the assessment of credit standards provided by the banks participating in the Eurosystem Bank Lending … the Regional Bank Lending Survey (non-BLS banks) carried out by the Bank of Italy. We find evidence of a limited upward … restriction for the non-BLS banks. The Eurosystem Bank Lending Survey, therefore, continues to be a timely and important source of …

Since March 2020 the Eurosystem has provided subsidies to Euro-Area banks, via its Targeted Longer-Term Refinancing … Operations (TLTRO). Under this program, banks can borrow from the Eurosystem at a rate as low as -1%, conditional on their … lending to the real economy. This paper uses a simple theoretical model to disentangle between so-called "targeted" and …

general they do not matter when markets are dominated by foreign banks …