... following the crisis. The coefficient of each time dummy is the mean difference between the value of the variable in the year and the country-specificaverage of the value of the variable in the ... lending, so we examine the growth rate of total assets and of credit, and the breakdown of bank assets between loans and other earning assets.Finally, we look at the evolution of equity over assets ... University.Chang, Roberto, and Andres Velasco, 1997, OFinancial Fragility and the Exchange RateRegimeg, Working Paper No. 16, Federal Reserve Bank of Atlanta., 1998, OFinancial Crises...