the corresponding credit risk. We test these implications of our model by using a 2005 survey with responses from 9 …

to foreign currency loans, as they do not bear the full cost of the corresponding credit risk. …

firms.We study the effect on loan conditions of geographical distance between firms, the lending bank, and all other banks … discrimination in bank lending.Loan rates decrease with the distance between the firm and the lending bank and similarly increase … driven by the modest changes over time in lending technology that we infer.We deduce that transportation costs cause the …

credit registry in Bosnia and Herzegovina. Our findings are threefold. First, mandatory information sharing tightens lending … at the extensive margin as more applications are rejected, in particular in areas with strong credit market competition …—and less on soft information. Second, lending standards also tighten at the intensive margin: the registry leads to smaller …

Abstract: 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 … suggest that state banks can play a useful role in stabilizing credit over the business cycle as well as during periods of …

credit markets.This asymmetry stems from the informational advantage incumbent banks have about their current clients vis …

.We find that bank branches facing stiff local competition engage relatively more in relationship-based lending but specialize …How do banks react to increased interbank competition?Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation í L H WKH choice of relationship based versus transactional banking í DQG EDQN …

Abstract: This paper documents large cross-country variation in the relationship between bank competition and bank … in competition will have a larger impact on banks’ fragility in countries with stricter activity restrictions, lower … systemic fragility, better developed stock exchanges, more generous deposit insurance and more effective systems of credit …

Recent theoretical models argue that a bank's organizational structure reflects its lending technology.A hierarchically ….We investigate theoretically and empirically how bank organization shapes banking competition.Our theoretical model illustrates how a … lending bank is smaller when the close rival banks are large, hierarchically organized, and technologically advanced. Such …

We show that competing firms relax overall competition by lowering future barriers to entry.We illustrate our findings …-period profits.This dampens competition for serving the first-period market. …