We examine the dynamics of bank lending to the private sector for countries of the Euro area by applying a Markov …-movement with the development of the stock market. We interpret this as evidence for constraints in bank lending. In contrast, the …

geographical regions measured by the Herfindahl Index. To explore this issue, we use a unique data set of the individual bank loan …

Bankensektor die aktuelle Gefahr einer Kreditklemme in Deutschland und ihre möglichen Konsequenzen für die konjunkturelle …

estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to …

distributed between inventors and investors. As a result, bank lending for firm R&D has been rare. However, firms can signal the … potential to alter the risk assessment of the firm's main bank. Additionally, we explore heterogeneities in these risk … assessments arising from the industry level and the main bank's portfolio. We test our theoretical predictions for a sample of …

distributed between inventors and investors. As a result, bank lending for firm R&D has been rare. However, firms can signal the … potential to alter the risk assessment of the firm's main bank. Additionally, we explore heterogeneities in these risk … assessments arising from the industry level and the main bank's portfolio. We test our theoretical predictions for a sample of …

of increased bank capital in terms of reduced loans could be substantial, there are good reasons to believe that the … between the capitalization of the banking sector and bank loans using panel cointegration models. We study the evolution of … the German economy for the past 60 years. We find no evidence for a negative impact of bank capital on business loans. …

Besteht in Deutschland eine Kreditklemme bzw. ein Credit Crunch? Um das Ausmaß dieses Problems für die deutsche …