We study the relative effect of venture capital and bank finance on large manufacturing firms in local U.S. markets …. Theory predicts that with venture capital, the firm size distribution should become more stretched-out to the right, but it … bin of the firm size distribution has remained unaffected by banking sector developments, it has increased with venture …

We find evidence of a bank lending channel for the euro area operating via bank risk.Financial innovation and the new … ways to transfer credit risk have tended to diminishthe informational content of standard bank balance-sheet indicators. We … indicators (i.e. size, liquidity and capitalization), traditionallyused in the bank lending channel literature to assess a bank …

We find evidence of a bank lending channel for the euro area operating via bank risk. Financial innovation and the new … ways to transfer credit risk have tended to diminish the informational content of standard bank balance-sheet indicators …. We show that bank risk conditions, as perceived by financial market investors, need to be considered, together with the …