. We do so using an agent-based model populated by heterogeneous capital- and consumption-good firms, heterogeneous banks …

real decisions of client firms. The analysis exploits plant-level data and models the magnitude of the shock with banks … stronger effects for undercapitalized and illiquid banks or financial institutions that depend more upon bank-based sources of …

We document the development of the major international banks since the late nineties, analysing balance sheet data for … crisis, showed all its shortcomings when the crisis erupted. European banks highlighted greater fragilities in their business …. Moreover, the contemporaneous effort by banks to move in this direction is likely to strengthen this shift. …

concept of prudent lending by public state commercial banks, insider ownership, and chief executive officer compensation and …

We document the development of the major international banks since the late 1990s, analysing balance-sheet data for 27 …, revealed all its shortcomings when the crisis erupted. European banks displayed greater fragilities in their business models …