cutting back on lending but also by reallocating credit to firms in financial distress with prior underreported loan loss … natural experiment to study the effects of reduced bank capital adequacy on productivity. Affected banks respond not only by … credit reallocation leads to a reallocation of production factors across firms. A partial equilibrium exercise suggests that …

bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …, pointing to a substitution with bank credit and to a diversification of corporate funding sources. Studying their ex …

Can banks trade credit default swaps (CDSs) referenced on their current corporate clients at competitive prices, or are … that the same dealer offers to banks and to other investors. We find that banks lending to a corporation purchase CDSs on …

Systemically Important Banks (G-SIBs) on bank lending behaviour. Using a difference-in-differences estimation strategy, we find no … effect of the reforms on overall credit supply, while at the same time documenting a substantial decline in borrower- and …

This paper presents evidence that personal relationships between corporate borrowers and bank loan officers improve the … outcomes of loan renegotiation. Analysing a bank reorganization in Greece in the mid-2010s, I find that firms that experience … firms are more likely to alter their capital structure. These results point to the importance of lending relationships in …

confirm that disparities in market power, banks' funding costs, and banks' funding risks are re ected in bank lending rates …. However, our new modelling framework reveals that the heterogeneity in bank lending rates is also a re ection of the non …How much of the heterogeneity in bank loan pricing is explained by disparities in banks' attitude towards risk? The …

bank-firm level credit data, we show that banks reallocate credit within their loan portfolio in at least three different …This paper provides evidence on the strategic lending decisions made by banks facing a negative funding shock. Using … which they are more specialized. Third, they reallocate credit towards low-risk firms. These reallocation effects are …

emphasize the environment in their disclosures extend a higher volume of credit to brown borrowers, without charging higher …

While regulatory capital buffers are expected to be drawn to absorb losses and meet credit demand during crises, this …-cyclical behaviour to preserve capital ratios. By employing granular data from the credit register of the European System of Central … Banks, we isolate credit supply effects and find that banks with little headroom above regulatory buffers reduced their …

overnight repurchase agreements (repo) and loan-level credit registry data on corporate loans. We find that borrowers on the …