characteristics? Based on a common source of balance sheet data for the four largest economies of the euro area over the period 1999 …

examines the impact of supply constraints on bank lending in the euro area with a special focus on this turmoil period. The …

Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

This paper provides new evidence on the transmission of monetary policy in the euro area, assessing the impact of an … VAR model for the euro area over the period 1991Q1 to 2009Q2. Then, we extend the benchmark VAR model in order to include …

ratio, lending policy and holding of securities. The model is estimated on a panel of listed euro area banks and country …

variables and the macroeconomy by estimating a panel Bayesian VAR model for twelve euro area countries. The model is estimated … analysis provides quantitative evidence that reducing banks' NPL ratios can produce significant benefits in euro area countries …

Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclical. Loan loss … procyclicality in the euro area is about twice as large as in other advanced economies. This difference reflects a larger … procyclicality of provisioning in euro area countries already prior to euro adoption, and the divergent growth experiences of euro …

We implement a two-step approach to construct a financing conditions index (FCI) for the euro area and its four larger … worldwide and euro area specific financial events. Moreover, while the national FCIs are constructed independently, they display … a similar pattern across the larger euro area economies over most of the sample period and varied more widely since the …

We use a unique dataset of ratings for euro area corporate loans from commercial banks’ internal rating-based (IRBs …