We use Italian data on bank lending to firms to study the transmission of shocks affecting bank balance sheets to the …-in-difference approach because: a large number of firms in Italy borrow from more than one bank; the shocks to the wholesale funding market … significantly affect their lending, the deterioration of bank capitalization as proxied by charge-offs and profitability had a …

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. …

We analyze the impact of the financial crisis on the structure and the dynamics of the Italian inter-bank market …

number of banks suffered on average a larger contraction in bank credit and a higher probability of experiencing a reduction … in outstanding bank debt. The same results hold for firms diversifying their borrowing, concentrating a smaller … proportion with the main bank. The stability of the bank-firm relationship, measured by its duration, also appears to have been …

After the crisis, bank regulators are considering mitigating liquidity risk by introducing quantity limits on liquidity …

-�-vis the central bank and the interbank market. The results show that the Italian interbank market functioned well even during …