bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …, pointing to a substitution with bank credit and to a diversification of corporate funding sources. Studying their ex …

This paper presents evidence that personal relationships between corporate borrowers and bank loan officers improve the … outcomes of loan renegotiation. Analysing a bank reorganization in Greece in the mid-2010s, I find that firms that experience …

businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their …We show that FinTech lending affects credit markets and real economic activity using a unique data set of a Peer … increase leverage and substitute long-term bank debt with FinTech debt. Our findings suggest that FinTech allows firms to …

between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We … estimate an extended set of elasticities of bank credit with respect to a series of productivity measures of firms. We focus …

Systemically Important Banks (G-SIBs) on bank lending behaviour. Using a difference-in-differences estimation strategy, we find no … effect of the reforms on overall credit supply, while at the same time documenting a substantial decline in borrower- and …

Loan guarantees represent a form of government intervention to support bank lending. However, their use raises concerns … as to their effect on bank risk-taking incentives. In a model of •nancial fragility that incorporates bank capital and a … bank incentive problem, we show that loan guarantees reduce depositor runs and improve bank underwriting standards, except …

We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … financial health of lenders. Following a violation banks restrict usage of lines of credit by raising spreads, shortening … during the recent crisis. Banks in worse financial health are more likely to restrict access to credit lines following a …

-country bank-level data we find that after a tightening of household-specific macroprudential policy during a credit expansion …Sector-specific macroprudential regulations can increase the riskiness of credit to other sec-tors. First, using cross … mortgage portfolios. Second, we compute three country-level measures of the riskiness of corporate credit allocation based on …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …