A remarkable feature of short-term business finance is the widespread use of trade credit as collateral in bank …

. These findings are robust to censoring, alternative specifications of the distribution of bad loan duration and other bank …

-budget-constraint and liquidity effects, high concentration of bank credit reduces the likelihood of financial distress and liquidation, as …

when the bank: i) is geographically closer to borrowing firms; ii) relies more on soft than hard information; and iii … these techniques systematically in the monitoring process and if they adopt more decentralized structures. Bank size per se … important consequences on bank decisions. …

shocks. Much less is known about how lending relationships and bank-specific characteristics affect the functioning of the … investigate how bank-specific characteristics (size, liquidity, capitalization, funding structure) and the bank-firm relationship …

Using 11 years of monthly Italian bank-by-bank data, this paper correlates the bilateral amounts and the identity of …

We examine the effects of the government guarantee schemes for bank bonds adopted in the aftermath of the Lehman … the issuing bank or of the bond itself. …

bank loans, using a sample of over 50,000 individual lines of credit granted by Italian banks. Two empirical models are … riskiness and the presence of guarantees on their bank loans; the second compares the interest rates charged on secured and …