that excessive credit growth, credit cycles, and bank failures are phenomena related to distinct patterns of banks …

reduce bank returns and tighten credit conditions for borrowers, constraining investment and growth. The effects are larger …We study the transmission of financial shocks across borders through international bank connections. Using data on … countries experiencing systemic banking crises on profitability, credit, and the performance of borrower firms. Crisis exposures …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

capital standards, and cost of bank equity determine credit reallocation, sectoral expansion and trade patterns … play a major role in cutting credit to non-viable firms in downsizing sectors and in providing new credit to finance …

While regulatory capital buffers are expected to be drawn to absorb losses and meet credit demand during crises, this …-cyclical behaviour to preserve capital ratios. By employing granular data from the credit register of the European System of Central … Banks, we isolate credit supply effects and find that banks with little headroom above regulatory buffers reduced their …

This study examines how micro- and macro-prudential policies work and interact with each other over the credit cycles … control the aggregate credit supplied (equilibrium outcome) by internalizing prices or the general equilibrium effect. The … proposed model indicates that: (i) micro-prudential policy alone cannot completely remove inefficient credit cycles; (ii) when …

Rapid credit growth seems to precede many episodes of banking crises in both advanced and emerging market economies … including the recent global financial crisis of 2007-09. All episodes of high credit growth are not followed by crisis, however …. We argue that credit growth is more likely to lead to a banking crisis if the financial system is characterized by …

This paper uses a natural experiment to study the impact of a loan supply shock on a Hungarian matched bank …-firm dataset. The event studied is a funding shock Hungarian banks faced following the collapse of the Lehman Brothers. Banks were … affected via their external funding and positions on the swap market. The existence of firms with multiple bank links is …