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

In the wake of the 2008-09 financial crisis, a number of European OECD countries introduced credit mediation schemes …, as a new, often temporary mechanism to help ease access to finance by SMEs. This report investigates the nature of credit … mediation and credit review schemes implemented in selected countries (i.e. Belgium, France, Germany, Ireland and Spain) in the …

dynamics generate periods of growing aggregate credit volumes and falling credit standards even in the absence of "financial … shocks." Falling credit standards in turn lead to excess risk exposure in the aggregate, precipitating future crises. The … credit cycle is triggered by low interest rates, and longer booms lead to sharper crises. Saving gluts and expansionary …

The Basel III regulation explicitly prescribes the use of Hodrick-Prescott filters to estimate credit cycles and … concerns on its fitness for policy use. To investigate this problem we study credit cycles in a panel of 26 countries between …

persons based on a core set of harmonised concepts and definitions. Starting with reference data from September 2018, credit …) individual credit exposures falling within the reporting scope. The reporting framework is the outcome of in-depth discussions … Regulation, AnaCredit will, already in Stage 1, significantly enhance the value for analysis on credit and credit risk in the …

While some credit booms are followed by economic underperformance, many are not. Can lending standards help separate … good credit booms from bad credit booms contemporaneously? To observe lending standards internationally, I use information … HY share is procyclical, suggesting that lending standards in bond markets are extrapolative. Credit booms with …