This paper extends the literature on the capital crunch effect by examining the role of public policy for the link between lending and capital in a sample of large banks operating in the European Union during economic downturns. Applying Blundell and Bond (1998) two-step robust GMM estimator. we show that restrictions on bank activities and more stringent capital standards weaken the ... https://www.relicsbook.com/product-category/autographed-framed-football-photos/