To what extent does the availability of credit depend on monetary policy? And, does this relationship vary with bank …-2011, we uncover three main regularities. First, the effect of monetary policy on bank lending is significant and heterogeneous … in Germany and Italy, which are characterized by a large number of banks; but it is very weak in Spain and more …

As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks … crisis, in a context of financial market stress and weak bank balance sheets, unconventional monetary policy measures have … non-standard measures were successful in stimulating lending and which bank business models were more strongly affected …

The paper investigates transmission of different foreign and domestic shocks to bank lending activity in Bosnia and … Herzegovina through the bank lending channel. The bank lending channel is analyzed in a time series cross sectional data framework …