The paper provides evidence on what affects at the margin the cost and availability of bank credit for firms in … Argentina. We study in particular how banks use different pieces of private and public information to screen firms and overcome … information generated in relationships is not. To capture the closeness of bank relationships, we resort to the concentration of …

The financing of innovation impacts on economic growth. What’s, among bank-based or market-based system, the best …

homogeneous banking system (banks with identical preferences and the same size of total assets) with interconnectedness: banks own … based on the expected loss of banks in case of a default in the system. Analyzing this indicator we find that increasing the … system has an ambiguous effect. On the one hand it increases the diversification effect because banks can cover losses by …

homogeneous banking system (banks with identical preferences and the same size of total assets) with interconnectedness: banks own … based on the expected loss of banks in case of a default in the system. Analyzing this indicator we find that increasing the … system has an ambiguous effect. On the one hand it increases the diversification effect because banks can cover losses by …

support depend on the bank’s risk profile can be effective in improving the bank’s incentives to make the desired risk choice …The paper considers a model in which limited liability causes an asset substitution problem for banks. The problem can …