loan outcomes is scant. Using granular loan-level information from the Italian Credit Register, we build a novel measure of …

What explains the post-crisis slowdown in bank credit to private sector in the South-East European economies? We try to … answer this question, by comparing the actual credit growth to the fundamental and equilibrium growths. The fundamental … economy being in medium-term equilibrium. Results suggest that the slowdown reflects both return of the credit activity to its …

. The first is the best-practice minimum ratio that a lender could achieve if it were fully efficient at credit …) and the minimum ratio that gauges the lender’s relative proficiency at credit analysis and loan monitoring. The third is … inherent credit risk, and the highest lending efficiency, indicating that their high ratio of nonperformance is driven by …

bank- rm level credit data, we show that banks reallocate credit within their domestic loan portfolio in at least three … in which they are heavily specialized. Third, they reallocate credit towards low-risk fi rms. These reallocation effects … the transmission of the funding shock to credit supply by 22, 8 and 10%,respectively …

premium relative to the bond-implied credit spread. In a sample of secured term loans to noninvestment-grade firms, the …' willingness to pay for bank credit and raises questions about the nature of competition in the loan market …