Using euro area firm-level data since the recent financial crisis, we test whether bank lending constrained small- and medium-sized enterprises (SMEs) are more likely to use or apply for alternative external finance including trade credit, informal lending, loans from other companies, market...

We provide a micro-empirical link between the large literature on credit and house prices and the burgeoning literature on macroprudential policy. Using loan-level data on Irish mortgages originated between 2003 and 2010, we construct a measure of credit availability which varies at the borrower...

In this paper we examine the sensitivity of mortgage arrears for Irish households to changes in mortgage interest rates under a series of plausible monetary policy normalisation scenarios. Using panel data over the period 2004 - 2016 we exploit information on current income and current mortgage...

Despite the increasingly wide-spread nature of macroprudential regulations, relatively few studies have assessed the implications of such policies on key household finance decisions. In this paper, we investigate the impact on Irish household perceived savings constraints of macroprudential...

In this paper, we explore the impact of current household repayment capacity on mortgage default using household-level panel data over the period 2004-2017 for Ireland. We measure repayment capacity as changes in the level of the current debtservice to income ratio to capture a direct channel...