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We use the introduction of a U.S. commercial credit bureau to study when lenders adopt voluntary information sharing technology and the resulting consequences for competition and credit access. Our results suggest that lenders trade off access to new markets against heightened competition for...
Persistent link: https://www.econbiz.de/10012608664
This paper studies the links between competition in the lending market and spreads of bank loans in Brazil. Evidence … interest rates as the bank-firm relationship duration increases. Both results are stronger for micro and small firms than for …
Persistent link: https://www.econbiz.de/10012256418
We investigate how the presence of physical bank branches moderates financial technology diffusion. Our identification …
Persistent link: https://www.econbiz.de/10014460787
The Lerner index is widely used to assess firms' market power. However, estimation and interpretation present several challenges, especially for banks, which tend to produce multiple outputs and operate with considerable inefficiency. We estimate Lerner indices for U.S. banks for 2001-18 using...
Persistent link: https://www.econbiz.de/10011998070
a reduction in output volatility, greater fintech entry also leads to greater volatility in bank credit, thereby …
Persistent link: https://www.econbiz.de/10014516215
We exploit the staggered expansion of the internet broadband network to firms and bank branches locations in Peru … during the last decade to study non-financial firm performance and bank credit dynamics. Access to broadband unleashes firm … that had a borrowing relation with a bank before the expansion of broadband, the increase in sales serves as a signal to …
Persistent link: https://www.econbiz.de/10014458607
This paper studies the relationship between competition measures at the bank level and the price of credit for non …
Persistent link: https://www.econbiz.de/10012256390
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms …
Persistent link: https://www.econbiz.de/10014529884
Evidence on the effects of negative interest rates on bank lending is inconclusive so far. By applying a difference … the introduction of a negative deposit facility rate by the European Central Bank led to an increased credit supply by …
Persistent link: https://www.econbiz.de/10013332415
This paper studies whether lending by foreign banks is affected by financial crises. The paper pairs a bank …
Persistent link: https://www.econbiz.de/10011286210