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- W1998546427 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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- W1998546427 date "2011-11-01" @default.
- W1998546427 modified "2023-10-03" @default.
- W1998546427 title "Rescue Packages and Bank Lending" @default.
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