{"id":"https://openalex.org/W2163775862","doi":"https://doi.org/10.1007/s13209-014-0117-7","title":"The recent slowdown in bank lending in Spain: are supply-side factors relevant?","display_name":"The recent slowdown in bank lending in Spain: are supply-side factors relevant?","publication_year":2014,"publication_date":"2014-08-01","ids":{"openalex":"https://openalex.org/W2163775862","doi":"https://doi.org/10.1007/s13209-014-0117-7","mag":"2163775862"},"language":"en","primary_location":{"id":"doi:10.1007/s13209-014-0117-7","doi":"https://doi.org/10.1007/s13209-014-0117-7","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s13209-014-0117-7","pdf_url":null,"source":{"id":"https://openalex.org/S204467137","display_name":"SERIEs","issn_l":"1869-4187","issn":["1869-4187","1869-4195"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SERIEs","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1007/s13209-014-0117-7","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113485459","display_name":"Ignacio Hernando","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I185763367","display_name":"Bank of Spain","ror":"https://ror.org/02f26yq04","country_code":"ES","type":"other","lineage":["https://openalex.org/I185763367"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Ignacio Hernando","raw_affiliation_strings":["Banco de Espa\u00f1a, Madrid, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Banco de Espa\u00f1a, Madrid, Spain","institution_ids":["https://openalex.org/I185763367"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5050656382","display_name":"Ernesto Villanueva","orcid":"https://orcid.org/0000-0002-2330-5566","observed_orcids":["https://orcid.org/0000-0002-2330-5566"]},"institutions":[{"id":"https://openalex.org/I185763367","display_name":"Bank of Spain","ror":"https://ror.org/02f26yq04","country_code":"ES","type":"other","lineage":["https://openalex.org/I185763367"]}],"countries":["ES"],"is_corresponding":true,"raw_author_name":"Ernesto Villanueva","raw_affiliation_strings":["Banco de Espa\u00f1a, Madrid, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Banco de Espa\u00f1a, Madrid, Spain","institution_ids":["https://openalex.org/I185763367"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5050656382"],"corresponding_institution_ids":["https://openalex.org/I185763367"],"apc_list":null,"apc_paid":null,"fwci":3.661,"has_fulltext":true,"cited_by_count":21,"citation_normalized_percentile":{"value":0.93515382,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"5","issue":"2-3","first_page":"245","last_page":"285"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9970999956130981,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9970999956130981,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.0012000000569969416,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14419","display_name":"Banking Systems and Strategies","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/credit-supply","display_name":"credit supply","score":0.8080000281333923},{"id":"https://openalex.org/keywords/corporate-lending","display_name":"corporate lending","score":0.7680000066757202},{"id":"https://openalex.org/keywords/real-estate-development","display_name":"real estate development","score":0.6000000238418579},{"id":"https://openalex.org/keywords/housing-prices","display_name":"housing prices","score":0.9729999899864197},{"id":"https://openalex.org/keywords/bank-balance-sheets","display_name":"bank balance sheets","score":0.703000009059906},{"id":"https://openalex.org/keywords/credit-demand","display_name":"credit demand","score":0.7670000195503235},{"id":"https://openalex.org/keywords/spanish-banking-sector","display_name":"Spanish banking sector","score":0.4169999957084656}],"concepts":[{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.650869607925415},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5811062455177307},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.5182251930236816},{"id":"https://openalex.org/C183206440","wikidata":"https://www.wikidata.org/wiki/Q46834","display_name":"Balance sheet","level":2,"score":0.5043107271194458},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4863722622394562},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4824683964252472},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4538097381591797},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.43906140327453613},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.43706172704696655},{"id":"https://openalex.org/C195742910","wikidata":"https://www.wikidata.org/wiki/Q176494","display_name":"Recession","level":2,"score":0.4125578999519348},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2996334731578827},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.1843196153640747},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1007/s13209-014-0117-7","doi":"https://doi.org/10.1007/s13209-014-0117-7","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s13209-014-0117-7","pdf_url":null,"source":{"id":"https://openalex.org/S204467137","display_name":"SERIEs","issn_l":"1869-4187","issn":["1869-4187","1869-4195"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SERIEs","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:spr:series:v:5:y:2014:i:2:p:245-285","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10.1007/s13209-014-0117-7","pdf_url":"https://link.springer.com/content/pdf/10.1007/s13209-014-0117-7.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:dnet:repositorio_::a32c6103dfa9044d85a2452c2c85bc03","doi":null,"is_oa":true,"landing_page_url":"https://repositorio.bde.es/handle/123456789/6971","pdf_url":null,"source":{"id":"https://openalex.org/S4306402641","display_name":"LA Referencia (Red Federada de Repositorios Institucionales de Publicaciones Cient\u00edficas)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4383465926","host_organization_name":"LA Referencia","host_organization_lineage":["https://openalex.org/I4383465926"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/book"},{"id":"pmh:oai:econstor.eu:10419/158525","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/158525","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"}],"best_oa_location":{"id":"doi:10.1007/s13209-014-0117-7","doi":"https://doi.org/10.1007/s13209-014-0117-7","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s13209-014-0117-7","pdf_url":null,"source":{"id":"https://openalex.org/S204467137","display_name":"SERIEs","issn_l":"1869-4187","issn":["1869-4187","1869-4195"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SERIEs","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":26,"referenced_works":["https://openalex.org/W1483580708","https://openalex.org/W1497307882","https://openalex.org/W1504441823","https://openalex.org/W1536037028","https://openalex.org/W1577902411","https://openalex.org/W1586316398","https://openalex.org/W1969057730","https://openalex.org/W1990739992","https://openalex.org/W2019796973","https://openalex.org/W2057009456","https://openalex.org/W2098471783","https://openalex.org/W2101310722","https://openalex.org/W2113327943","https://openalex.org/W2127247488","https://openalex.org/W2134443358","https://openalex.org/W2167639294","https://openalex.org/W2186013633","https://openalex.org/W3121245601","https://openalex.org/W3122369515","https://openalex.org/W3122897996","https://openalex.org/W3123355508","https://openalex.org/W3123423562","https://openalex.org/W3124019513","https://openalex.org/W3125003292","https://openalex.org/W3125264533","https://openalex.org/W4300613152"],"related_works":["https://openalex.org/W3124465044","https://openalex.org/W2301133341","https://openalex.org/W1990739992","https://openalex.org/W3121149421","https://openalex.org/W7098892348","https://openalex.org/W2603099199","https://openalex.org/W1511719699","https://openalex.org/W7064434699","https://openalex.org/W1601147714","https://openalex.org/W3037204153"],"abstract_inverted_index":{"Using":[0],"information":[1,16],"from":[2],"the":[3,18,25,42,49,56,68,74,77,83,119,133],"balance":[4],"sheets":[5],"of":[6,28,44,85,125,135,141],"Spanish":[7],"banks":[8,78],"between":[9,109],"1995":[10],"and":[11,20,30,64,90,111],"2009":[12],"matched":[13],"to":[14,38,60,104],"credit":[15,45,126],"at":[17],"bank-industry":[19],"bank-firm":[21],"level,":[22],"we":[23],"estimate":[24],"average":[26],"impact":[27],"current":[29],"anticipated":[31],"changes":[32],"in":[33,51,70,73,98,138],"banks\u2019":[34],"capital":[35,52,99],"on":[36],"lending":[37,103],"firms.":[39],"We":[40,80],"isolate":[41],"role":[43],"supply":[46,127],"factors":[47,128],"using":[48,88],"variation":[50],"growth":[53,100],"associated":[54],"with":[55,67],"bank-specific":[57],"historical":[58],"exposure":[59],"real":[61],"estate":[62,106],"development":[63],"its":[65],"interaction":[66],"change":[69],"house":[71],"prices":[72],"provinces":[75],"where":[76],"operate.":[79],"control":[81],"for":[82],"quality":[84],"borrowers":[86],"by":[87,108,132],"region":[89],"industry":[91],"fixed":[92],"effects.":[93],"A":[94],"1":[95],"%":[96],"increase":[97],"increases":[101],"business":[102],"non-real":[105],"firms":[107],"0.7":[110],"0.8":[112],"%\u2014a":[113],"limited":[114],"magnitude":[115,124],"when":[116],"set":[117],"against":[118],"literature.":[120],"The":[121],"relatively":[122],"small":[123],"may":[129],"be":[130],"explained":[131],"weakness":[134],"loan":[136],"demand":[137],"a":[139],"context":[140],"deep":[142],"recession.":[143]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}