This paper provides the first empirical evidence that bank regulation is associated with cross-border spillover effects … different localities across 16 countries. We find that lower barriers to entry, tighter restrictions on bank activities, and … higher minimum capital requirements in domestic markets are associated with lower bank lending standards abroad. The effects …

by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … domestic banks. The observed decline in credit is greater among high-risk firms and firms with fewer tangible assets. …

by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … domestic banks. The observed decline in credit is greater among high-risk firms and firms with fewer tangible assets. …

environment or the lack of creditor protection. We find no evidence that foreign bank presence leads to stricter loan approval …

How does home ownership affect new business creation? We develop a model of career choice in the presence of liquidity …

effect of monetary policy and the business cycle on bank lending and risk-taking. Identification rests on exploiting 1) the …This paper conducts the first empirical study of the bank balance sheet channel using data on discouraged and … exogeneity of monetary policy to local business cycles, and 2) firm-level and bank-level data to separate the supply of credit …