Caporale, Guglielmo Maria; Alessi, Matteo - 2024
This paper analyses lending behaviour and economic fluctuations in the Italian banking system as a whole and in the … and loans to firms at the national level as well as from the CCBs only. The results suggest that lending behaviour is less … economic downturns. The reason is that relationship lending enables CCBs to gather confidential (non-public) information about …