We find that competition from payday lenders leads depository institutions to raise overdraft fees and reduce the …. Payday credit is priced per dollar borrowed, so when that option is available, depositors prone to small overdrafts switch … at banks and other depository institutions increases when depositors have access to payday credit. Our findings …

developing a new methodology to separate firms' credit shocks from loan supply shocks, using a vast sample of matched bank …-firm lending data. We decompose loan movements in Japan for the period 1990 to 2010 into bank, firm, industry, and common shocks … bank loan supply net of borrower characteristics and general credit conditions -- can have large impacts on aggregate loan …

I study the effects of an increase in the supply of local mortgage credit on local house prices and employment by … mortgage lending). Consequently, house price gains in neighborhoods around affected banks were more than 50 percent greater … affect house prices through the supply of credit and that bank specialization thereby plays an important role in the …

in the availability of credit. Using data from the nationally representative Surveys of Small Business Finances, which … differences in the availability of credit to male- and female-owned firms. More specifically, female-owned firms are significantly … more likely to be credit constrained because they are more likely to be discouraged from applying for credit and more …

explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk … affects bank lending depends on whether the banks are drawing on official-sector liquidity facilities. Third, liquidity … management across global banks can be important for liquidity risk transmission into lending. Fourth, there is substantial …

Productive firms can access credit markets directly by issuing corporate bonds or by borrowing through financial … intermediaries. In this paper, we study the cyclical properties of corporate credit provision through these two types of debt … instruments in major advanced economies. We argue that the cyclicality of corporate credit is closely related to the cyclicality …

loan outcomes is scant. Using granular loan-level information from the Italian Credit Register, we build a novel measure of … decrease in the tax rate improves bank incentives to monitor borrowers by increasing returns from lending. We find that bank …