and distortions. Finally, we briefly review the recent evolution of bank lending to the private sector. We draw policy …

and distortions. Finally, we briefly review the recent evolution of bank lending to the private sector. We draw policy …

, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …

. Using this framework, we show conditions under which idiosyncratic shocks to bank lending can generate aggregate … sector for many countries is indeed granular, as the right tail of the bank size distribution follows a power law. We then … concentration is associated with a positive and significant relationship between bank-level credit growth and aggregate growth of …

right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

benefits, return reactions are muted if the reclassification helps a bank avoid regulatory capital reductions. In contrast, the …

This paper analyzes the systemic risk effects of bank mergers to test the "concentration-fragility" hypothesis. We use … the marginal expected shortfall as well as the lower tail dependence between a bank's stock returns and a relevant bank …

SME loans across foreign, private, and government-owned banks, even though different bank ownership types apply different …, organizational structures, and SME financing is not consistent with the conventional view that SME lending is based on “relationship …