After the 2008 global financial crisis, U.S. bank holding companies needing to cover larger-than-expected loan losses … procyclicality using either aggregate time-series data or “as-reported” panel data. We test the null hypothesis that provisions were …

This paper empirically investigates banks' investment allocations over the recent business cycle. I identify … unsolicited deposit shocks resulting from unconventional energy development and estimate bank allocations of these deposits. In … the pre-recession period, banks lend 38 percent of incremental deposits; however, during the downturn, banks favor liquid …

booms. Overall, our findings suggest that CECL adoption reduces bank lending procyclicality …The Financial Accounting Standards Board issued the current expected credit loss (CECL) standard, which requires banks … to take a forward-looking approach to recognizing life-of-loan losses upon loan origination. Using bank mortgage approval …