competition in the banking sector during the 1970s spurred banks to supply credit through multilateral arrangements. Firms that … while their trade credit and share issuance contracted. …

corresponding credit risk. We then test the implications of our model by using a 2005 survey with responses from 9,098 firms in 26 …

This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries … with good governance. Lending by state banks in high income countries is even countercyclical. On the liability side, state … state banks can play a useful role in stabilizing credit over the business cycle as well as during periods of financial …

advertising is an important aspect of bank competition. …

Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This … paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of … demonstrate that loose monetary conditions lead to booms in real estate lending and house prices bubbles; these, in turn …

banks providing liquidity have market power, (ii) there are frictions in the lending market due to moral hazard, and (iii … under-provide lending, thereby inducing inefficient sales of bank-specific assets. A central bank can ameliorate this …

Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A …. We investigate theoretically and empirically how bank organization shapes banking competition. Our theoretical model … illustrates how a lending bank’s geographical reach and loan pricing strategy is determined not only by its own organizational …

This paper studies product market competition under a strategic transparency decision. Dominant investors can influence …

bank branches facing stiff local competition engage considerably more in relationship-based lending and specialize somewhat …How do banks react to increased competition? Recent banking theory offers conflicting predictions about the impact of … competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank industry …