Using credit-registry data for Spain and Peru, we document that four main types of commercial credit—asset-based loans …, cash-flow loans, trade finance and leasing—are easily identifiable and represent the bulk of corporate credit. We show that … credit dynamics and bank lending channels vary across these loan types. Moreover, aggregate credit supply shocks previously …

may vary across lenders. We find strong evidence that credit tightened in the relatively early stages of the crises caused … domestic banks. The observed decline in credit is greater among high-risk firms and firms with fewer tangible assets …

uncollateralized credit. We find that this kind of policy is more successful in suppressing equity price swings than moderating output …

credit growth is used to capture cyclical exuberance and calibrate buffer requirements, it depends on potentially … heterogeneous dynamics on the borrower and lender side. By decomposing credit growth into a common component and components … capturing heterogeneity in supply and demand à la Amiti and Weinstein, 2018 applied on the euro area credit register ("AnaCredit …

cutting back on lending but also by reallocating credit to firms in financial distress with prior underreported loan loss … credit reallocation leads to a reallocation of production factors across firms. A partial equilibrium exercise suggests that …