improve competition in the SME credit market and to boost credit provision to SMEs in the medium term. Sustainable financing …

I develop a structural model of mortgage demand and lender competition to study how leverage regulation affects the … equilibrium in the UK mortgage market. Using variation in risk-weighted capital requirements across lenders and across mortgages … increases the interest rate by 10 percent for the average mortgage product. The estimated model implies that heterogeneous …

effects of such a macroprudential policy on mortgage and house price cycles. For identification, we exploit the universe of UK …-price correction), the 2014-policy strongly implies — via lower pre-correction debt — better house prices and mortgage defaults during …

We study the effect of changes to bank-specific capital requirements on mortgage loan supply with a new loan …

We study the effect of changes to bank-specific capital requirements on mortgage loan supply with a new loan-level data …

We use quantile regression to examine the links between competition and firm-level solvency risk for all banks and …, suggesting that risk decreases (increases) with more (less) competition. For foreign-owned banks and for relatively healthy …) competition. We find that regulation is effective in moderating adverse links between risk and competition. Our results highlight …

This paper examines the effects of competition on bank stability in the United Kingdom between 1994 and 2013. We … construct several measures of competition and test the relationship between competition and bank stability. We find that, on … average, competition lowers stability, but that its effect varies across banks depending on the underlying financial health of …