Banks often have to determine the credit worthiness, i.e. the ability to repay the loan, of their customers ex … sein, einen Kredit zu gewähren, wenn das Diagnosesignal negativ ist. …

von Innovationen, ohnehin durch partielles Marktversagen erschwert, wird durch die Wirtschafts- und Finanzkrise noch …

may vary across lenders. We find strong evidence that credit tightened in the relatively early stages of the crises caused … domestic banks. The observed decline in credit is greater among high-risk firms and firms with fewer tangible assets. …

difficulties in raising bank finance than low-tech start-ups. We find that external credit scores do affect the availability of … credit for start-up firms, but that banks rely less on external rating information in their decision making for high … report less difficulties in getting credit. By contrast, a greater expertise of the bank in the firm's industry is not …

documents a growing role of non-bank financial intermediaries in the provision of credit to NFCs. After exploring supply and … reallocation of credit to other sectors or assets. This could generate greater systemic risk through unsustainable valuations or …

transactional (relationship) lending it increases (decreases) the probability of firms being credit rationed. These results support …

This paper presents a micro data approach to the identification of credit crunches. Using a survey among German firms … which regularly queries the firms' assessment of the current willingness of banks to extend credit we estimate the … probability of a restrictive credit supply policy by time taking into account the creditworthiness of borrowers. Creditworthiness …

We study the effects of credit shocks in a model with heterogeneous entrepreneurs, financing constraints, and a …