The current debate on the possible procyclicality of the new Basel Accord pays little attention to the procyclicality …

procyclicality. Lending fluctuates with the business cycle too, but appears to be driven by demand rather than by supply factors such … credit losses rise when the cycle falls, but less so when net income of banks is relatively high, which reduces … decades, distortion caused by procyclical behaviour of banks has been limited, banking crises excepted. …

Supervisors and policy makers pay increasing attention to the possible procyclical nature of banks’ behaviour. Indeed …, to guarantee macro and financial stability, it is important to understand if, and to what extent, banks are affected by … macroeconomic shocks on banks’ balance sheets. …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … output growth. The responses of the lending survey, especially those related to loans to enterprises, are a significant … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … output growth. The responses of the lending survey, especially those related to loans to enterprises, are a significant … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … output growth. The responses of the lending survey, especially those related to loans to enterprises, are a significant … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

Business cycles imply liquidity risks for banks. This paper explores how these risks influence bank lending over the … cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can … unpleasant effects on bank lending. Imposing countercyclical capital adequacy ratio may amplify procyclicality or result in …

the bank.s lending cycle that results in an easing of credit standards. This easing of standards may be compounded by …Stylised facts suggest that bank lending behaviour is highly procyclical. We offer a new hypothesis that may help … individual US banks over the period 1980-2000. We employ over 200,000 observations on commercial loan growth measured at the bank …

novel test specification which is informative of many types of pro-cyclicality. The analysis of representative samples of … increased. A reduction in the idiosyncratic variance of limits suggest that banks have become more consistent in their credit …

The solution adopted in Basel II to deal with procyclicality of capital requirements (i.e. through the cycle ratings … original spirit of the new framework.In order to preserve risk-sensitivity and to dampen procyclicality at the same time …