Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157524
Authors: 
Kapounek, Svatopluk
Kučerová, Zuzana
Fidrmuc, Jarko
Year of Publication: 
2017
Series/Report no.: 
IOS Working Papers 362
Abstract: 
We analyse the bank lending activity after the financial crisis and focus on bank-specific supply factors. Using a rich microeconomic dataset from Bankscope and macroeconomic shocks data, we employ OLS and 2SLS fixed effects models with banking controls, macroeconomic shocks and institutional quality. The banks' loan-rate spreads increased despite the recent policy of low interest rates and quantitative easing. We use the bank asset quality as instruments to capture exogenous changes in loan supply. The empirical evidence shows that loan-rate spread and through this the supply of loans is negatively affected by a low asset quality and capital ratios.
Subjects: 
bank lending
loans
financial vulnerability
loan-rate spreads
institutions
macroeconomic shocks
JEL: 
E58
G21
G28
Document Type: 
Working Paper

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