-financial firm and commercial bank before the crisis, but the picture was quite different for large commercial banks States and for …) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less …We present new stylized facts on bank and firm leverage for 2000-2009 using extensive internationally comparable micro …

framework prevalent in LICs drastically reduces the role of securities markets and increases the cost of bank lending to private … firms. Coupled with imperfect competition in the banking sector, this means that banks with chronically high excess reserves … properly, the traditional monetary transmission channels (interest rate, bank lending, and asset price) are impaired. The …

Many economists argue that the primary economic function of banks is to provide cheap credit, and to facilitate this … function, they advocate the strict protection and enforcement of creditor rights. But banks can serve another important …

transactions, and use savings for the largest transactions. Finally, the paper shows that modeling banks as suppliers of liquidity …

patterns. The paper also suggests an important role for banks in helping predators accumulate, and avoid the disclosure of …

This paper uses a large panel of financial flow data from banks to assess how institutions affect international lending … a strong effect of initial levels of institutional quality on future bank lending. Third, instrumental variable … correlate of international bank inflows. The results thus suggest that institutional underdeveloped can explain a significant …

collateral requirements by banks may lead to a further decrease in the level of economic efficiency attained. We discuss bank …In the course of ordinary business, commercial banks frequently encounter entrepreneurs seeking loans for the purpose … relationship between banks and possible optimistic entrepreneurs. We examine this capital market from the stand-point of economic …

bank-centred corporate groups monitor firms by reducing activities with scope for managerial moral hazard such as …