asymmetric bank borrowing is widespread. This paper investigates the determinants of creditor concentration for German firms … using a comprehensive bank-firm level dataset for the time period between 1993 and 2003. We document that lending is very … public sector bank and if the other banks are large or do not have to tie up additional funds in capital. …

liquidity shocks. But in contrast to these approaches we assume spacial monopolistic competition among banks. Since monopoly … positive effect. But this beneficial effect is only relevant if competition among banks does not sufficiently restrain monopoly … rents already. Thus our results suggest that in the bank-dominated financial system of Germany, in which banks intensely …

these risks in a complete interbank market. When banks have a comparative advantage in providing credit to certain … industries, they will exploit the enhanced risk sharing opportunities through more specialization in lending. The enhanced … specialization benefits are realized. …

compiled from credit data at the Deutsche Bundesbank. Our aim is to gain more insight into the pattern of German bank lending …This paper studies German bank lending during the Asian and Russian crises, using a bank level data set, which has been … characterised by a general withdrawal from emerging markets. The use of micro data allows us to analyse and to model bank …