bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …, pointing to a substitution with bank credit and to a diversification of corporate funding sources. Studying their ex …

loan officers' compensation, banks' use of soft information in credit approval, and their lending standards. When … more competition, banks lower lending standards, may choose to disregard soft and use only hard information in their credit …We offer a theoretical framework to analyze corporate lending when loan officers must be incentivized to prospect for …

This paper studies the causal effect of gender bias on access to bank credit. We extract an exogenous measure of gender … are more frequently discouraged from applying for bank credit and more likely to rely on informal finance. At the same … not driven by credit risk differences between female- and male-owned firms or by any idiosyncrasies in the set of …

Multiple lending has been widely investigated from both an empirical and a theoretical perspective. Nevertheless, the … implications of multiple lending for the stability of the banking system still need to be understood. By lending to a common set of … investigate a specific type of externality that originates from those borrowers that obtain liquidity from more than one bank. In …

We show that FinTech lending affects credit markets and real economic activity using a unique data set of a Peer … businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their … increase leverage and substitute long-term bank debt with FinTech debt. Our findings suggest that FinTech allows firms to …

We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … the heart of a new bank liquidity channel. This channel complements the traditional bank lending channel, which focuses on … financial health of lenders. Following a violation banks restrict usage of lines of credit by raising spreads, shortening …

include the use of risk-weight floors and leverage ratios. I show that banks for which those are binding reduce their credit …

of sticky bank-firm relationships, estimate its structural parameters in euro area credit register data, and infer … largely explained by demand shocks. Fluctuations in lending rates were instead mostly determined by bank-driven supply shocks …We propose a new methodology to identify aggregate demand and supply shocks in the bank loan market. We present a model …

relationship with their savings bank prior to applying for a loan, default significantly less than customers with no prior … borrower characteristics as well as internal and external credit scores. Our results suggest that relationships of all kinds …

between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We … estimate an extended set of elasticities of bank credit with respect to a series of productivity measures of firms. We focus …