Cesaroni, Francesca Maria; Lotti, Francesca; Mistrulli, … - Banca d'Italia - 2013
During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability … raising funds, and a worsening in the creditworthiness of borrowers. However, banks do not pass on liquidity shocks to … borrowers to protect their core customers. Previous studies have shown that banks are less prone to lend to female firms than to …