more bank mergers are subjected to higher interest rates, diminished local construction, lower prices, an influx of poorer … findings using state branching deregulation to instrument for bank competition …

increases a bank's likelihood of providing a loan. Companies may benefit from these relationships through more favorable loan …

This study examines the misallocation of credit in Japan associated with the perverse incentives of banks to provide … condition, and these firms continue to perform poorly after receiving additional bank financing. Troubled Japanese banks …

unique data set that links individual Japanese firms engaged in FDI to their main banks. Using both bank-level and firm …

, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether deteriorations in bank health … 1990 through 2010, which enables us to match exporters with the main bank that provides them with trade finance. Our point …

rehabilitate the U.S. banking industry. Many of those strategies were used also in Japan to combat its banking problems in the 1990 … respect to four of the others. So far the U.S. has avoided Japan's problem of having impaired banks prop up zombie firms …

We investigate the motives and consequences of the consolidation of banks in Japan during the period of fiscal year …

find that banking relationships in the U.S. and Japan are strong in somewhat different dimensions. Our paper clarifies … these and other interesting similarities and differences between the U.S. and Japan …

paper investigates whether bank ties in Japan were costly for mature and healthy firms in the 1980's and 1990's, and whether … banks continued to facilitate investment once non-bank financing options became available. Using the explicit bond issuing … much larger for main bank client firms, once bond market access is controlled for. This result, coupled with results on the …