We review research on the effects of banks on the real economy, including, but not limited to
articles in this Special Issue of the Journal of Corporate Finance. We focus primarily on US …

We study the impact of higher capital requirements on banks' balance sheets and their
transmission to the real economy. The 2011 EBA capital exercise is an almost ideal quasi …

This paper reviews literature on the empirical relationship between vulnerabilities in the
financial system and the macroeconomy, and how monetary policy affects that connection …

This study analyses the effects of monetary and prudential policies taken in response to the
outbreak of the coronavirus pandemic to support bank lending conditions. More precisely …

We investigate the connections between bank capital regulation and the prevalence of
lightly regulated nonbanks (shadow banks) in the US corporate loan market. For …

Banks have come a long way since medieval times, enduring and surviving many crises.
The economic crisis induced by the Covid-19 pandemic may provoke another financial …

This paper develops a theoretical foundation for rethinking business performance in global
value chains amid the Covid-19 fallout. Specifically, we synthesize business performance …

Using an ecological macrofinancial model, we explore the potential impact of the 'green
supporting factor'(GSF) and the 'dirty penalising factor'(DPF) on climate-related financial …

We analyze how time-varying bank-specific capital requirements affect bank lending to the
non-financial corporate sector as well as banks' balance sheet adjustments. To do so, we …

New bank equity must come from somewhere. In general equilibrium, raising bank capital
requirements means either that banks produce less short‐term debt (as debt holders must …