branches in the UK, we connect firms' access to bank credit to the financial condition (i.e., bank health and the use of core … conditions did not influence credit availability irrespective of the functional distance (i.e., the distance between bank branch …We study the sensitivity of banks' credit supply to small and medium size enterprises (SMEs) in the UK to banks …

vulnerable to global banking shocks. We confirm, using a calibrated quantitative model, that domestic bank dependence makes …Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in … countries where firms borrowed more from domestic banks ("domestic bank dependence") than in countries where firms borrowed more …

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 …

weaker credit markets ex ante and consistent with local bank branches using cheap targeted credit lines to expand lending … growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit … would bring about. We explore this growth mechanism using a large-scale program to expand the supply of credit to small and …

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …We exploit historical and contemporaneous variation in local credit markets across Russia to identify the impact of …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

bank and a crowdlending platform and show that the entry of crowdlending can induce a switching effect as well as a credit …

cycle comovement increases when credit embodies public bonds held by banks, a bank financing to the public sector. However …We propose a joint dating of the Italian business and credit cycle on a historical horizon, by applying a local turning … carry out some statistical tests for comovement between credit and business cycle and we propose a measure of asymmetry of …

We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical … lending and creates credit constraints for firms in opposition areas, which suffer drops in assets, employment and sales but …