000723702 000__ 05453cam\a2200541Ii\4500 000723702 001__ 723702 000723702 005__ 20230306140351.0 000723702 006__ m\\\\\o\\d\\\\\\\\ 000723702 007__ cr\cn\nnnunnun 000723702 008__ 141009t20142015gw\a\\\\ob\\\\000\0\eng\d 000723702 019__ $$a908087292 000723702 020__ $$a9783658071752$$qelectronic book 000723702 020__ $$a3658071753$$qelectronic book 000723702 020__ $$z9783658071745 000723702 0247_ $$a10.1007/978-3-658-07175-2$$2doi 000723702 035__ $$aSP(OCoLC)ocn892609768 000723702 035__ $$aSP(OCoLC)892609768$$z(OCoLC)908087292 000723702 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dN$T$$dYDXCP$$dOCLCF$$dIDEBK$$dEBLCP 000723702 043__ $$ae------ 000723702 049__ $$aISEA 000723702 050_4 $$aHG1642.E85 000723702 08204 $$a332.1/753$$223 000723702 1001_ $$aBrinkmeyer, Hartmut,$$eauthor. 000723702 24510 $$aDrivers of bank lending$$h[electronic resource] :$$bnew evidence from the crisis /$$cHartmut Brinkmeyer ; with a foreword by Prof. Dr. Christoph J. Börner. 000723702 264_1 $$aWiesbaden :$$bSpringer Gabler,$$c[2014] 000723702 264_4 $$c©2015 000723702 300__ $$a1 online resource (xvii, 230 pages) :$$billustrations. 000723702 336__ $$atext$$btxt$$2rdacontent 000723702 337__ $$acomputer$$bc$$2rdamedia 000723702 338__ $$aonline resource$$bcr$$2rdacarrier 000723702 4901_ $$aSchriften zum europäischen Management 000723702 504__ $$aIncludes bibliographical references. 000723702 5050_ $$aFOREWORD; ACKNOWLEDGEMENTS; TABLE OF CONTENTS; LIST OF FIGURES; LIST OF TABLES; LIST OF NOTATIONS AND ABBREVIATIONS; 1. Introduction; 1.1. Motivation; 1.2. Research questions and contribution; 1.3. Scope and limitations; 1.4. Organization of the research; 2. Transmission channels of monetary policy; 2.1. The money view; 2.2. The credit view; 2.2.1. The balance sheet channel; 2.2.2. The bank lending channel -- Overview; 3. The bank lending channel in detail; 3.1. Structure and elements of the bank lending channel 000723702 5058_ $$a3.1.1. Condition 1: The central bank must be able to affect the supply scheme of bank loans3.1.2. Condition 2: Publicly issued debt and non-bank intermediated loans must not be perfect substitutes for bank loans; 3.1.3. Condition 3: Prices must not adjust instantaneously; 3.2. Conclusion; 4. A new view: Implications of financial innovation for bank lending; 4.1. The bank lending channel revisited; 4.2. Toward a conceptualization of the new view; 5. Bank lending against the background of the recent crises; 5.1. The loss spiral; 5.2. The margin spiral or leverage cycle; 5.3. Conclusion 000723702 5058_ $$a6. Review of empirical evidence on bank lending and its implications6.1. Remarks on the difference between the US and the euro area; 6.2. Empirical evidence from the US; 6.2.1. US evidence based on aggregate data; 6.2.2. US evidence based on data from individual banks; 6.2.3. Conclusion; 6.3. Evidence from the euro area; 6.3.1. Euro area evidence from before the crisis; 6.3.2. Euro area evidence in the wake of the crisis; 6.3.3. Conclusion; 6.4. Implications of theoretical framework for interpretation of empirical evidence; 7. Empirical analysis -- approach; 7.1. Research hypotheses 000723702 5058_ $$a7.1.1. General hypotheses7.1.2. Hypotheses involving the context of the recent crisis; 7.2. Overall empirical strategy and approach; 7.3. Empirical model; 7.3.1. Derivation of a model of bank behavior; 7.3.2. Introduction of the empirical model; 7.4. Data; 7.4.1. Data sources; 7.4.2. Target capital estimation; 7.4.3. Special challenges; 7.4.4. Purging the data; 7.5. Estimation method; 8. Empirical analysis -- results; 8.1. Results for the euro area; 8.1.1. Descriptive statistics and correlations; 8.1.2. Baseline analysis; 8.1.3. Capital surplus; 8.1.4. Deposit overhang 000723702 5058_ $$a8.2. Results for major euro area countries8.2.1. Composition of the country samples and tested specifications; 8.2.2. Main results for Germany; 8.2.3. Main results for Italy; 8.2.4. Main results for France; 8.2.5. Main results for Spain; 8.2.6. Discussion of inter-country differences and differences between countries and the euro area; 8.3. Conclusion -- Main research hypotheses confirmed; 9. Final discussion and implications; 9.1. Overall summary of results; 9.2. Theoretical contributions; 9.2.1. Contributions to research regarding the determinants of bank lending 000723702 506__ $$aAccess limited to authorized users. 000723702 520__ $$a​After the recent financial crisis has hooked the banking system to its very foundations, Hartmut Brinkmeyer contributes to the question of how bank characteristics influence bank loan supply during crisis periods by developing a well-founded theoretical framework. The econometrical design deploys a number of remarkably innovative ideas such as the implementation of a bank-specific, self-chosen target capital ratio or a very convincing approach to the disentanglement of loan supply and demand. The results of this study deliver a profound insight into the lending behavior of European banks and. 000723702 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed October 9, 2014). 000723702 650_0 $$aBank loans$$zEurope. 000723702 650_0 $$aBanks and banking$$zEurope. 000723702 77608 $$iPrint version:$$aBrinkmeyer, Hartmut$$tDrivers of Bank Lending : New Evidence from the Crisis$$dWiesbaden : Springer Fachmedien Wiesbaden,c2014$$z9783658071745 000723702 830_0 $$aSchriften zum europäischen Management. 000723702 852__ $$bebk 000723702 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-658-07175-2$$zOnline Access$$91397441.1 000723702 909CO $$ooai:library.usi.edu:723702$$pGLOBAL_SET 000723702 980__ $$aEBOOK 000723702 980__ $$aBIB 000723702 982__ $$aEbook 000723702 983__ $$aOnline 000723702 994__ $$a92$$bISE