thrive on the expense of others. Our results suggest that better access to credit can improve the allocation of resources …Brazil's 2005 bankruptcy law reform strengthened creditor protection, resulting in a substantial acceleration of credit …-creditor reform affected the allocation of resources across firms. We find evidence that the reform was particularly effective in …

bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By … also redirect existing credit to more productive entrants. This reduces banks' dependence on household deposits that are …

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

mechanism of the Eurosystem's credit support policies since the start of the crisis. First, we show that these policies have … indeed been succesful in stimulating the credit flow of banks to the private sector. Second, we find support for the "bank … responded more to the credit support policies of the Eurosystem as a result of more favourable size, retail and liquidity …

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets … analysis provides evidence of long-run causality running from credit to GDP in countries with Islamic banks only. This is …

of individual-level credit bureau records, we find that residing in a predominantly American Indian neighborhood is … ceteris paribus associated with worse bankcard credit outcomes than residing in a neighborhood where the share of American …. We further find that consumer's credit history is a robust and quantitatively more important predictor of bankcard credit …

This paper presents a micro data approach to the identification of credit crunches. Using a survey among German firms … which regularly queries the firms' assessment of the current willingness of banks to extend credit we estimate the … probability of a restrictive credit supply policy by time taking into account the creditworthiness of borrowers. Creditworthiness …

Do banks with low capital extend excessive credit to weak firms, and does this matter for aggregate efficiency? Using a … Eurozone financial crisis: (i) Under-capitalized banks were less likely to cut credit to non-viable firms. (ii) Credit … adverse effects of credit misallocation on the growth rate of healthier firms were negligible, and so were the effects on TFP …