Does the combination of inflation and high corporate taxes explain the increase in bank leverage in the 20th century …? Inflation automatically increases bank debt, while high corporate taxes hinder capital accumulation. Capital ratios therefore … Swedish bank data 1870-2001. Bank capital ratios dropped when inflation and corporate tax rates were high, during WWI and in …

This paper examines the historical origins of the bank-based financial systems in Germany and Japan and the market … industrialization. The first major claim I make is that TOI overstates both the significance of bank-based finance for the rapid …In dem Papier werden die historischen Ursprünge des bankenbasierten Finanzsystems in Deutschland und Japan und des …

Der deutsche Bankensektor ist durch die internationale Finanzkrise schwer getroffen. Auf Deutschland und die im Februar …

-up firms over the period 2007-2009, we find that high-tech startups are less likely to use bank finance and face more … difficulties in raising bank finance than low-tech start-ups. We find that external credit scores do affect the availability of …-tech start-ups than low-tech start-ups. Start-ups that have their main relation with a small bank use more bank finance and …

of increased bank capital in terms of reduced loans could be substantial, there are good reasons to believe that the … between the capitalization of the banking sector and bank loans using panel cointegration models. We study the evolution of … the German economy for the past 60 years. We find no evidence for a negative impact of bank capital on business loans. …