change in NPL ratios tends to depress bank lending volumes, widens bank lending spreads and leads to a fall in real GDP …

more competition, banks lower lending standards, may choose to disregard soft and use only hard information in their credit … loan officers' compensation, banks' use of soft information in credit approval, and their lending standards. When … competition intensifies, prospecting for loans becomes more important and banks' internal agency problem worsens. In response to …

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 …

investigate a specific type of externality that originates from those borrowers that obtain liquidity from more than one bank. In … this case, contagion may occur if a bank hit by a liquidity shock calls in some loans and borrowers then pay them back by …

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

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 …

We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … financial health of lenders. Following a violation banks restrict usage of lines of credit by raising spreads, shortening … during the recent crisis. Banks in worse financial health are more likely to restrict access to credit lines following a …

How much of the heterogeneity in bank loan pricing is explained by disparities in banks’ attitude towards risk? The … answer to this question is not simple because there are only very weak proxies for gauging the degree of a bank’s risk … confirm that disparities in market power, banks’ funding costs, and banks’ funding risks are reflected in bank lending rates …

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 …