Ferri, Giovanni; Murro, Pierluigi - Dipartimento di Economia e Finanza (DEF), Libera … - 2012
This paper tests the impact of an imperfect bank-firm type match on firms' financial constraints using a dataset of about 4,500 Italian manufacturing firms. We start considering an optimal matching of opaque (transparent) borrowing firms with relational (transactional) lending main banks. Next...