Abstract:

External shocks, United States, Commercial banks, Bank credit, Supply, Business cycles, Monetary policy, Economic models, Credit Cycles, Credit Crunch, Uncertainty, Self-insurance, real gdp, bank capital, gdp growth, bank capitalization, bank size, banking, transmission of monetary policy, banking crises, bank defaults, regional bank, banks ’ balance sheets, bank data, bank risk, bank assets, banking industry, bank risk exposure, bank regulation, probability of default, business cycle fluctuations, growth rates