Fábián, Gergely; Fáykiss, Péter; Szigel, Gábor - Volkswirtschaftliche Fakultät, … - 2012
euro area and banking regulatory responses in the EU may lead to more pronounced credit supply constraints by European … corporate lending on both the supply and demand side. We think that the most effective way of intervention is that the public … credit supply constraints stemming from strong risk aversion by banks, making interest rates cuts ineffective in stimulating …