credit not only in emerging markets but also in advanced economies. These foreign bank flows can drive local credit credit … alongside householdlevel credit and consumption data from Germany. Regional banks that are highly exposed to fluctuations in … margin. Improved access to credit enables lower-income customers of exposed banks to increase non-durable consumer spending …

access credit, not only in emerging markets but also in advanced economies. Using supervisory bank-level data alongside … household credit and consumption data from Germany, we study how lending to households was impacted by the influx of cross … their lending on the extensive margin. The analysis concludes that Improved access to credit enables lower-income customers …