first examine the impact of economic policy uncertainty on aggregate bank credit growth. Then we analyze commercial bank … macroeconomic controls, economic policy uncertainty affected bank level credit growth, and (ii) whether there is variation in the … on bank credit growth. Since this impact varies meaningfully with some bank characteristics - particularly the overall …

banks in providing credit to smaller borrowers about whom information is least complete and, more generally, support the …

fluctuations in the credit supply when the banking sector is highly concentrated. We empirically assess the relevance of these … concentration is associated with a positive and significant relationship between bank-level credit growth and aggregate growth of … credit or gross domestic product …

microfinance institution. We offer a commitment contract inspired by the rotating structure of a ROSCA. Additional treatments test … savings contracts. We find substantial demand for both credit and savings contracts but no demand for additional commitment …

The long-run price elasticity of demand for credit is a key parameter for intertemporal modeling, policy levers, and … number of borrowers is also elastic. Credit bureau data does not show evidence of crowd-out. Competitors do not respond by …

We conduct the first field experiment of a performance-contingent microfinance contract. A large food multinational … large positive impacts from the contractual innovations. These findings demonstrate the economic appeal of microfinance …

Using confidential regulatory firm-bank-loan level data from the U.S., we document four new facts about the credit … market. First, private SMEs typically utilize all available bank credit which comprises their entire balance sheet debt …, compared to large listed firms who can switch between corporate bonds and drawing from credit lines. Second, SMEs borrow …