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- W3124202319 abstract "This paper examines whether the rescue measures adopted during the global financial crisis helped to sustain the supply of bank lending. The analysis proposes a setup that allows testing for structural shifts in the bank lending equation, and employs a novel dataset covering large international banks headquartered in 14 major advanced economies for the period 1995–2010. While stronger capitalisation sustains loan growth in normal times, banks during a crisis can turn additional capital into greater lending only once their capitalisation exceeds a critical threshold. This suggests that recapitalisations may not translate into greater credit supply until bank balance sheets are sufficiently strengthened." @default.
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- W3124202319 date "2013-02-01" @default.
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- W3124202319 title "Rescue packages and bank lending" @default.
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- W3124202319 doi "https://doi.org/10.1016/j.jbankfin.2012.09.010" @default.
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