... D and L Laeven, “Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market,” IMF Working Paper 08/106, 2008 Dell'Ariccia, G and R Marquez, Lending Booms and Lending Standards, ” ... policy) and long-term interest rates on lending standards – and especially on loan risk-taking – depends on securitization activity and banking regulation supervision standards Second, Lown and Morgan ... following mechanisms: (i) the “shadow banking system” may influence bank lending standards by increasing banking competition since we find that competition from nonbanks and markets induce banks...