have less equity capital. Bank capitalization also proxies for the extent to which the regional banks' borrowers can obtain … liquidity when the regions are hit by weather shocks. We argue that, as liquidity providers, well-capitalized banks support …

habit persistence in consumption behaviour. -- bank credit ; financial intermediation ; firm heterogeneity and defaults …

negative shock to job security. This effect is driven by workers with low liquid wealth, pointing to liquidity constraints as …

experiment conducted in a bank. In the treatment group managers obtained access to objective performance measures which raised …

. Our analysis is based on weekly observations for the 858 white collar workers hired by a large Italian bank between …

'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 …