In this paper we explore the effects of bank-borrower physical proximity on price and non-price aspects of small … business lending in local credit markets. Along the price dimension, our analysis reveals that interest rates increase with … bank-borrower distance and decrease with the distance between borrower and other competing banks. Along the quantity …

employment effects of a decline in bank credit, investigating individual heterogeneity across firms, workers and jobs in response …-specific time-varying measure of credit supply. Our findings indicate that a 10 percent supply-driven credit contraction reduces …

-specific time-varying measure of credit supply. The contraction in credit supply explains one fourth of the reduction in employment …

This paper analyses the role of lending technologies and banking relationships on firms' credit access in Italy. Using … EFIGE firm-level data, we show that the depth and strength of firm-bank relationships have heterogeneous effects on credit … and medium firms with a higher share of debt with the main bank have a lower probability of being credit denied, as debt …