Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications

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The Credit Line Channel (2020, neutral): “9Among others, examples are Ashcraft (2005), Gan (2007), Paravisini (2008), Schnabl (2012), Jiménez et al. (2012, 2014), Iyer et al. (2014), Huber (2018), Jiménez et al. (2020), Paravisini, Rappoport and Schnabl (2020), Blattner, Farinha and Rebelo (2020), and Martín, Moral-Benito and Schmitz…”
Does bank ownership affect lending behavior? Evidence from the Euro area (2014, background): “Second, following arguments in Jiménez et al. (2012) it could be that the large presence of German banks in our data could render interest rate changes somewhat endogenous.”
Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging (2014, background): “…debt contracts are rigid, such as with most fixed-rate mortgage financing, changes in interest rates have little direct effect on consumption and investment decisions at the intensive margin, because only new potential borrowers or those able to refinance their mortgages are going to be affected…”
When Credit Dries Up: Job Losses in the Great Recession (2013, neutral): “If not, either the bank denied it or else the firm obtained funding elsewhere (see Jiménez et al., 2012a).”
The Real Effects of Relationship Lending (2017, background): “The empirical evidence relating to this issue is large (Kashyap and Stein (2000), Gambacorta and Mistrulli (2004), Jimenez et al (2012), Amiti and Weinstein (2013) and Iyer et al (2014)).”