securitization activity, weak supervision for bank capital and too low for too long monetary policy rates. Conversely, low long …Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

securitization activity, weak supervision for bank capital and too low for too long monetary policy rates. Conversely, low long … origins of the crisis and have important policy implications. - Lending standards ; monetary policy ; securitization ; bank …Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

shadow banks that provide credit intermediation through securitization. If capital regulation only covers traditional banks … per unit of investment remains the same for all securitization strategies. Capital requirements cause underinvestment that … cannot be mitigated by securitization …

An important question in banking is how strict supervision affects bank lending and in turn local business activity … supervision, bank lending and business activity. We first show that the OTS replacement indeed resulted in stricter supervision of … overcome frictions in bank management, leading to more lending and a reallocation of loans. Consistent with the latter, we find …

An important question in banking is how strict supervision affects bank lending and in turn local business activity … the thrift regulator (OTS) to analyze economic links between strict supervision, bank lending and business activity. We … capital but can also correct deficiencies in bank management and lending practices, leading to more lending and a reallocation …

The application, or to be more precise, the misapplication of securitization in the mortgage market had fatal … consequences for the financial sector worldwide. More over securitization techniques enabled single banks to reduce their … financial system. In particular, securitization and related credit risk transfer products were adequately treated neither in …

of the banking union. The Bank Recovery and Resolution Directive (BRRD) represents an important milestone in the … opposite principle of bail-in, which makes the bank recapitalized from the internal resources at the detriment of investors and …