The following is the key data series from Becker, B, and V. Ivashina, 2011, "Cyclicality of Credit Supply: Firm Level Evidence". The number corresponds to the fraction of firms that issue a bank loan, among the firms which issue debt (loan or bond) in a given quarter. The variable captures the conditions of bank credit supply to the corporate sector. YearQuarter Fraction of loan issuers among all debt issuers 19901 0.335 19902 0.340 19903 0.395 19904 0.332 19911 0.209 19912 0.227 19913 0.283 19914 0.278 19921 0.238 19922 0.328 19923 0.268 19924 0.340 19931 0.286 19932 0.258 19933 0.274 19934 0.306 19941 0.361 19942 0.419 19943 0.382 19944 0.384 19951 0.400 19952 0.296 19953 0.326 19954 0.318 19961 0.345 19962 0.391 19963 0.457 19964 0.370 19971 0.422 19972 0.409 19973 0.303 19974 0.339 19981 0.238 19982 0.247 19983 0.353 19984 0.314 19991 0.333 19992 0.299 19993 0.371 19994 0.433 20001 0.422 20002 0.401 20003 0.354 20004 0.369 20011 0.284 20012 0.295 20013 0.345 20014 0.309 20021 0.292 20022 0.347 20023 0.466 20024 0.362 20031 0.349 20032 0.312 20033 0.357 20034 0.414 20041 0.368 20042 0.412 20043 0.469 20044 0.480 20051 0.395 20052 0.493 20053 0.356 20054 0.512 20061 0.369 20062 0.358 20063 0.419 20064 0.409 20071 0.418 20072 0.382 20073 0.411 20074 0.340 20081 0.333 20082 0.283 20083 0.434 20084 0.130 20091 0.112 20092 0.083 20093 0.078 20094 0.151 20101 0.080 20102 0.191 20103 0.136 20104 0.180