Current empirical methods to identify and assess the impact of bank credit supply shocks rely strictly on multi … economy and most prone to credit supply shocks. We propose and underpin an alternative demand control (using industry …-location-size-time fixed effects) that allows identifying timevarying cross-sectional bank credit supply shocks using both single- and multi …

-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management. …

The Current Expected Credit Loss (CECL) framework represents a new approach for calculating the allowance for credit … losses. Credit cards are the most common form of revolving consumer credit and are likely to present conceptual and modeling … challenges during CECL implementation. We look back at nine years of account-level credit card data, starting with 2008, over a …

The Current Expected Credit Loss (CECL) framework represents a new approach for calculating the allowance for credit … losses. Credit cards are the most common form of revolving consumer credit and are likely to present conceptual and modeling … challenges during CECL implementation. We look back at nine years of account level credit card data, starting with 2008, over a …

Banks increasingly recognize the need to measure and manage the credit risk of their loans on a portfolio basis. We … for banks to systematically identify regional and industrial credit concentrations and reduce the detected concentrations … through diversification. In recent years, the development of markets for credit securitization and credit derivatives has …

We analyze how Credit Default Swaps (CDS) affect bank incentives and borrower outcomes in renegotiations after covenant …

Productive firms can access credit markets directly by issuing corporate bonds or by borrowing through financial … intermediaries. In this paper, we study the cyclical properties of corporate credit provision through these two types of debt … instruments in major advanced economies. We argue that the cyclicality of corporate credit is closely related to the cyclicality …

which requires the estimation of a Current Expected Credit Loss (ASC 326) which replaces the older well … the elasticity method is an important reason for applying economic elasticity analysis to the task of estimating credit …