How does uncertainty affect the costs of raising finance in the bond market and via bank loans? Empirically, this paper … finds that heightened uncertainty is accompanied by an increase in corporate bond yields and a decrease in bank lending …

bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By …

, small, and innovative firms) have a multitude of bank lenders, where one may be special in the sense of relationship lending …. However, theory does not tell us a lot about the economic rationale for relationship lending in the context of multiple bank … financing. To fill this gap, we analyze the optimal debt structure in a model that allows for multiple but asymmetric bank …

Kredit und Kreditrisiko -- Kreditderivate -- Der Credit Default Swap (CDS) -- Externes Rating, CDS und Informationseffi …

Der NPL-Markt in Deutschland ist in einen Reifeprozess eingetreten. Große deutsche Kreditinstitute und Hypothekenbanken …

Transformation und analysiert ihre Auswirkungen auf die Risiko- und Ertragsposition einer Bank. Grundlage ist ein Modell, das sich …