We classify a large sample of banks according to the geographic diversification of their international syndicated loan … source of funding, while foreign banks with little diversification are the most fickle. Our findings suggest that the decline …

We classify a large sample of banks according to the geographic diversification of their international syndicated loan … source of funding, while foreign banks with little diversification are the most fickle. Our findings suggest that the decline …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

reduce bank returns and tighten credit conditions for borrowers, constraining investment and growth. The effects are larger …We study the transmission of financial shocks across borders through international bank connections. Using data on … countries experiencing systemic banking crises on profitability, credit, and the performance of borrower firms. Crisis exposures …

This paper introduces a new transmission channel of banking crises where sizable cross-border bank claims on foreign … that see banking crises originating from either domestic credit booms or from cross-border borrowing. I propose a combined …

After the inception of the euro, the real economy in most member countries remained dependent on credit by domestic … a result, domestic banks reduced lending which led to large declines in output in sectors with many small (bank …

Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in … countries where firms borrowed more from domestic banks ("domestic bank dependence") than in countries where firms borrowed more … vulnerable to global banking shocks. We confirm, using a calibrated quantitative model, that domestic bank dependence makes …

This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low … reversed these trends. At the country level, the relationship between bank ownership and each of GDP growth and financial depth …. Bank-level regressions show that state-owned banks are less profitable and have a higher share of non-performing loans than …

This paper studies episodes in which aggregate bank credit contracts alongside expanding economic activity-credit …--on average, they occur every five years. By comparison, banking crises take place every eight years on average. Credit reversals …

This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those … suggests that the chief negative externalities are associated with credit losses and losses due to liquidity problems, and … to their funds, and how long it takes borrowers to reestablish credit relationships. While regulatory delay and …