Showing 1 - 10 of 18
We study the effect of interbank market integration on small firm finance in the build-up to the 2007-2008 financial crisis. We use a comprehensive data set that contains contract terms on individual loans to 6,047 firms across 14 European countries between 1998:01 and 2005:12. We account for...
Persistent link: https://www.econbiz.de/10011605298
credit register data from Hungary, we first establish a "bank-lending-to-households" channel by showing that monetary … currency. Because most households are unhedged, bank lending in multiple currencies may involve additional risk taking. Changes …
Persistent link: https://www.econbiz.de/10011994806
We explore the effect of tax reforms in Italy and Belgium, respectively that decrease the cost of equity on bank …
Persistent link: https://www.econbiz.de/10011712677
How do banks respond to changes in capital requirements as a result of the stress tests? Does the disclosure of stress test results matter? To answer these questions, we study the impact of European stress tests on banks' lending, their corresponding risk-taking, the ensuing effect on their...
Persistent link: https://www.econbiz.de/10013368009
"bank-lending-to-households" channel of monetary policy that is heterogeneous. While the availability of foreign currency … mortgages weakens the domestic bank-lending channel overall, weakly capitalized domestic banks relying on swap transactions for …
Persistent link: https://www.econbiz.de/10014278255
We analyze the differential impact of domestic and foreign monetary policy on the local supply of bank credit in … domestic and foreign currencies. We analyze a novel, supervisory dataset from Hungary that records all bank lending to firms …
Persistent link: https://www.econbiz.de/10010420343
We analyze the differential impact of domestic and foreign monetary policy on the local supply of bank credit in … domestic and foreign currencies. We analyze a novel, supervisory dataset from Hungary that records all bank lending to firms …
Persistent link: https://www.econbiz.de/10010494598
We study the impact of monetary policy on the supply of bank credit when bank lending is also denominated in foreign … currencies. Accessing a comprehensive supervisory dataset from Hungary, we find that the supply of bank credit in a foreign …. Changes in foreign monetary conditions similarly affect bank lending more in the foreign than in the domestic currency. Hence …
Persistent link: https://www.econbiz.de/10011942847
Do macroprudential regulations on residential lending influence commercial lending behavior too? To answer this question, we identify the compositional changes in banks’ supply of credit using the variation in their holdings of residential mortgages on which extra capital requirements were...
Persistent link: https://www.econbiz.de/10012141016
Do borrowers demand less credit from banks with weak balance sheet positions? To answer this question we use novel bank … conventional monetary policy shock, bank balance sheet strength influences not only credit supply but also credit demand. The … bank-specific demand, borrower quality, and balance sheet strength. …
Persistent link: https://www.econbiz.de/10012142046