evolution of bank credit. We use a unique loanlevel dataset comprising multiple credit registers from several European countries … and different types of loans, including corporate loans, mortgages and consumer credit. We merge this rich information …) productive firms than firms with high ex ante credit risk, except for banks with low capital. …

This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …

area slowed down dramatically, bringing the economy close to a credit crunch. It was only after the start of the European … comprises several measures of financial access, such as credit availability, financial constraints, and interest rates. The …

area slowed down dramatically bringing the economy close to a credit crunch. It was only after the start of the ECB … measures of financial access such as credit availability, financial constraints and interest rates. The micro level nature of …

This paper analyzes the impact of public credit guarantee schemes on the allocation and performance of bank credit … during the COVID-19 crisis. We exploit exhaustive loan-level data from the credit register with unique information on the … from banks to which they have larger pre-COVID credit exposures, measured as the share of the firm’s total credit …

euro debt crisis era, focuses on addressing the co-movement of credit risk measured by Credit Default Swap (CDS) spreads in …

quantity restrictions. - Bank credit ; loan supply constraints ; euro area ; panel data …