We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms' bank …-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank's closure forced firms to …' reputational concerns, a healthy bank's closure revealed no overcharging. To policy-makers, our results suggest potential benefits …

Using unique micro-data that contain the internal information on all corporate customers of a large Nordic bank, I show …

case of free riding. As the number of lending banks grows, the chance of meeting again a bank and of being punished for …

distress. Using data aggregated at the US county-level, we show that allowing an in-state bank to open branches anywhere within …

It is well recognized that relationship banking helps to relieve the credit constraints faced by SMEs to access bank … social capital factors, and the styleof the bank-borrowerrelationship. Along with bank, firm, and market factors, trust …

In deciding whether to roll over a loan, a relationship bank that has imperfect private information about its borrowers … relationship bank if the firm is unable to find alternative lenders. This paper explores the differential effects of this trade … the results depend on factors such as the severity of a credit crisis, the strength of the firm-bank relationship and the …

it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that …

because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy …