stressed credit markets and confirms their superior performance in explaining the behavior of Credit Default Swap rates for the …

bank loans administered by U.S. regulators. We analyze the 2007-2009 financial crisis as a market-wide liquidity shock and … importance of bank liquidity risk management as a motivation for loan sales, in addition to the credit risk transfer motive …We examine the impact of banks' liquidity risk management on secondary loan sales. We track the dynamics of bank loan …

positive relations of both bank capital adequacy and profitability withsmall-business lending …

We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck …, and the bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by …

We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck …, and the bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by …

This paper argues that creditors reflect the financial-safety-net aspect of bank lobbying, plausibly considering the … connection between bank lobbying and government bailouts. Using a structural approach, I show that bank lobbying is negatively … associated with the occurrence of a run-like equilibrium, as is deposit insurance. The estimated effect on bank risk and value is …

internal borrowing across the global organization. This intra-firm borrowing by banks serves as a shock absorber and affects …

. Specifically, I examine the influence of delayed loan loss recognition (DLR) on bank lending and risk-taking in the U.S. mortgage …

decrease a bank's incentive to take risk with its remaining ineligible assets. A greater capacity to respond to liquidity … stress increases the potential profits a bank would put at stake by making risky investments, but it also mitigates the … illiquidity disadvantages of holding risky assets. We then empirically estimate the effect of two liquidity regulations on bank …