focus on bank loans rather than cash flow. Our results show that investment is sensitive to bank loans for unconstrained … unconstrained firms use bank loans to finance trade credit provided to other firms. Our results illustrate alternative mechanisms …

-employed from increasing the size of their businesses. We opened interest-free savings accounts in a local village bank in rural …

-employed from increasing the size of their businesses. We opened interest-free savings accounts in a local village bank in rural …

This paper investigates the link between bank-firm lending relationships and monetary policy pass-through, focusing on … episodes of low interest rates. Using administrative tax and bank supervisory data ranging from 1997 to 2019, we track the … entirety of bank-firm relationships in Norway. Our analysis shows that when the central bank's policy rate is relatively low …

loan loss reserves and a higher presence of foreign banks have a negative impact on the availability of bank credit. The …

This paper examines the pass-through from the market interest to the rate charged on bank loans using aggregate data …

We analyze optimal risk management strategies for a regulatory restricted bank financed with deposits and equity in an … infinite horizonmodel. The bank has a positive franchise value from rents coming from deposit related services (liquidity … franchise value and the liquidation costs in case of a bank run give the bank a motivation for risk management. The franchise …

banking. Using cross-sectional data on publicly traded, highest-level U.S. bank holding companies, we find empirical evidence …