Can fintech credit fill the credit gap in the consumer and business segments? There are few cross-country studies that … explore this question. Focusing on marketplace lending, an important part of fintech credit, we use data for 109 countries … from 2015 to 2017 to study the relationship between fintech credit to businesses and consumers and various aspects of …

This paper studies episodes in which aggregate bank credit contracts alongside expanding economic activity-credit …--on average, they occur every five years. By comparison, banking crises take place every eight years on average. Credit reversals …

sector size and government effectiveness, credit information infrastructure (e.g., credit registries), the business … also shows that improving credit information, economic competition, the business environment along with economic …

Credit spreads rise after a monetary policy tightening, yet spread reactions are heterogeneous across firms. Exploiting … with high leverage experience a more pronounced increase in credit spreads than firms with low leverage. A large fraction … of this increase is due to a component of credit spreads that is in excess of firms' expected default. Our results …

-service-to-income ratios, in affecting developments in house prices and credit. We use data on 99 lending standard restrictions implemented in … house prices and credit. However, the impact is delayed and reaches its peak only after three years. In addition, the impact …

borrowers in distress, and find that a negative shock to bank credit supply reduces firms' loan growth, investment, capital …-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market …