We develop a model of bank lending that allows for credit rationing in equilibrium. Recognizing that small firms incur … a higher percentage cost of monitoring than large firms, the model shows that the incidence of bank credit rationing … among loans actually made as a relative decline in spreads paid by small borrowers, especially the riskiest ones and those …

US dollar credit is growing quickly outside the United States, especially in Asia, and in some economies it has … outpaced overall credit growth. Cross-border sources of credit bear watching in view of their record of outgrowing overall … credit in credit booms. Foreign currency and cross-border sources of credit raise policy issues …

Medium Enterprise (JASME), we examine whether the JASME's lending from December 1997 thorough March 1999 mitigated the credit … crunch. We find that on average the JASME offset more than a quarter of reduction in lending by a firm's main bank due to … poor capital adequacy. We further find that the effect of JASME's loans on a firm's performance is negative in a few years …

scale from pre-existing credit lines and loan commitments in anticipation of cash flow disruptions from the economic …-shock bank capital, explain why banks were able to accommodate these liquidity demands …

This Data Point article focuses on small business credit, examining patterns in small business lending (SBL) and the … credit, we drill down to analyze variation in lending and sources of lending across a number of different community … Bureau, other government agencies, and private industry are making to improve access to credit. The following analysis will …

increases credit supply. In my empirical strategy I compare banks with and without access to securitisation and exploit the ABCP …: banks use unlocked capital from the securitisation of consumer credit to propel C&I lending …

employment and lowered default rates, and 3) partially substituted government-guaranteed loans for traditional loans. IV analysis … play a beneficial role in the presence of private credit market frictions, especially when financial constraints are severe …