DP12002 | Determinants of bank lending in Europe and the United States: Evidence from crisis and post-crisis years

Publication Date

04/28/2017

JEL Code(s)

  • G21, G18, G01

Keyword(s)

  • bank loans, corporate loans, bank lending channel, crisis

Programme Area(s)

  • Financial Economics

Abstract

We investigate bank lending patterns and their determinants in Europe and the United States over 2008-2014. Specifically, we relate bank characteristics prior to the financial crisis to their lending behaviour during and after the crisis period. Our analysis confirms the existence of a bank lending channel. This channel seems stronger in Europe than in the United States, especially if we look at corporate loans rather than at the whole loan portfolio.