Bank Supervision and Corporate Credit Supply

The authors thank Jose-Luis Peydro, Mitchell Berlin, John Colwell, Tony Cookson, Robert Cote, Michael Gibson, Matt Gustafson, Rustom Irani, Kathleen Johnson, Anya Kleymenova, Anna Kovner, Ralf Meisenzahl, Justin Murfin, Greg Nini, Luke Pettit, Matt Plosser, Ben Ranish, Joao Santos, John Shackelford, Philip Strahan, Todd Vermilyea, James Vickery, and Edison Yu as well as seminar participants at the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Federal Reserve Bank of Chicago, the Federal Reserve Bank of Philadelphia, George Mason University, the U.S. Securities and Exchange Commission, the 2017 Wholesale and Small Business Risk Ratings Workshop, the 2017 Society for Government Economists Conference, and the 2019 Society for Financial Studies Cavalcade for their comments. The authors also thank Renee Garrow, Laura Kim, Max Lindskog, Caroline Shinkle, and Ali Tintera for excellent research assistance. This article was written and prepared by U.S. Government employee(s) on official time and is therefore in the public domain. The views stated herein are those of the authors and are not necessarily the views of the Federal Reserve Board or the Federal Reserve System.