exploit two shocks to Italian bank CDS spreads and equity valuations: the 2007-2009 financial crisis and the 2010 …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank …

that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …

access to bank accounts. The present study investigates the drive to financial inclusion in the form of the growth in bank … bank accounts is not significantly associated with the reduction in below poverty line population across states. Providing …

This paper examines a much overlooked link between credit markets and formalization: since access to bank credit … bank credit is more widely available at lower cost; if so, well-functioning credit markets help foster formal employment at …

Bank of India in collaboration with State Governments. …

This paper takes advantage of access to detailed matched bank-firm data to investigate whether and how employment …

's domestic bank by an internationalized banking group. Our results show that, after the acquisition, firms have a significantly … higher probability of starting export in countries where the consolidated bank has a foreign branch, which proxies for the … mainly reduce firms' fixed entry costs in a foreign market. The analysis also shows that other channels, such as bank credit …