Empirical estimations of the drivers for loan extension mainly apply the outstanding stock of bank credit as the … and securitisation activity. This paper specifically applies a variable of new credit extensions for eight Euro area … countries in a simultaneous equation panel model to evaluate potential determinants for credit extension, and compares the …

in the transmission of monetary policy within the credit channel. …

credit to firms and households in Denmark. Nonbanks increase their credit supply after a monetary contraction, both relative … to banks and in absolute terms. The nonbank credit expansion is driven by long-term debt funding flowing to nonbanks. The … attenuation of the traditional bank lending channel of monetary policy has real effects: nonbank credit insulates corporate …

evolution of bank credit. We use a unique loanlevel dataset comprising multiple credit registers from several European countries … and different types of loans, including corporate loans, mortgages and consumer credit. We merge this rich information …) productive firms than firms with high ex ante credit risk, except for banks with low capital. …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … leading indicator for euro area bank credit and real GDP growth. Notwithstanding the short history of the survey, the findings … also suggest that price as well as non-price conditions and terms of credit standards do matter for credit and business …