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 …

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 …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower … quality banks; and that precisely for those lower quality banks competition typically compromises the effectiveness of capital …

foreign bank lending on firm growth and financing. Foreign lending stimulates growth in firm sales, assets, and leverage, but … entry. This finding suggests that foreign banks can help mitigate connected lending problems and improve capital allocation. …