Bräuning, Falk; Fecht, Falko - 2016 - This version: July 14, 2016
We empirically investigate the effect that relationship lending has on the availability and pricing of interbank … liquidity. Our analysis is based on a daily panel of unsecured overnight loans between 1,079 distinct German bank pairs from … after controlling for search frictions as well as a large set of (time-varying) bank and bank-pair control variables and …