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 …

We investigate the impact of the Bank of England's asset purchase program (APP) on the composition of assets of UK …-in-differences exercise. We find no evidence that suggests that QE boosted bank lending to the real economy, even when controlling fully for …

“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 …

We investigate the impact of the asset purchase program (APP) introduced by the Bank of England (BOE) in 2009 on the … composition of assets of UK banks, and the implications for bank lending to the real economy, using a unique database on the … there to be strong transmission of the APP's impact through the bank lending channel. In line with that, we find no evidence …

, resulting in lower asset-, investment- and sales growth for firms obtaining a larger share of their bank credit from the treated …

credit supply results in lower firm-, investment-, and sales growth for firms which obtain a larger share of their bank …

This paper measures the economy-wide impact of bank distress on the loss of relationship benefits. We use the near …-collapse of the Norwegian banking system during the period 1988 to 1991 to measure the impact of bank distress announcements on … the stock prices of firms maintaining a relationship with a distressed bank. We find that although banks experience large …

impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank … industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and … specialization. We employ a unique data set containing detailed information on bank-firm relationships and industry classification …

impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank … industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and … specialization. We employ a unique data set containing detailed information on bank-firm relationships and industry classification …