explain about two-thirds of the variation of bank capitalization over the business cycle. We estimate that provisioning …

This paper analyses the systemic risk in relation to bank lending for Asian economies. The methodology complements … collect. Loan loss provisions of banks are decomposed into (i) a prediction component that is based on observable bank … characteristics, and (ii) two frailty components: a bank-specific systematic factor based on the assumption that a bank's asset …

This paper examines the relationship between central bank funding and credit risk-taking. Employing comprehensive bank …-firm-level data from the German credit registry during 2009:Q1-2014:Q4, we find that borrowing from the central bank is associated … with rebalancing of bank portfolios towards ex-ante riskier firms. We further establish that this relationship is …

due to bank funding shortages from the sovereign debt crisis were a major factor behind the lending slowdown in late 2011 …

provide evidence that instead, the corporate bond market is central to firms' access to liquidity, crowding out bank loans … "high-yield" firms, prefer issuing bonds to borrowing from their bank. Over 40% of bond issuers leave their credit line … untouched in 2020Q1. Moreover, a large share of bond issuance is used to repay existing bank loans. This liquidity-driven bond …

The availability of bank lending and corporate bond markets underwent a drastic change in the eurozone with the break … out of the financial crisis. To quantify the relation between the two, this paper empirically tests the role of bank … the ECB Bank Lending Survey, we capture the "pure" credit supply effect on corporate external financing in a sample period …