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When new technologies become available, it is not only essential that firms have the correct investment incentives, but often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network. Be- cause all banks coordinate their ATM investment...
Persistent link: https://www.econbiz.de/10011091116
network of interbank exposures may lead to domino effects following the event of an initial bank failure.The structure of the … interbank market is a potential important driving factor in the risk and impact of interbank contagion.We investigate the … evolution of contagion risk for the Belgian banking system over the period 1993-2002 using detailed information on aggregate …
Persistent link: https://www.econbiz.de/10011092432
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types of institutions ?banks and non-bank financial institutions ?have a (significantly different) impact on local economic … growth. Our findings show that banks outperfirm non-bank financial institutions. Only banking development exerts a …
Persistent link: https://www.econbiz.de/10010313265
-up firms over the period 2007-2009, we find that high-tech startups are less likely to use bank finance and face more … difficulties in raising bank finance than low-tech start-ups. We find that external credit scores do affect the availability of …-tech start-ups than low-tech start-ups. Start-ups that have their main relation with a small bank use more bank finance and …
Persistent link: https://www.econbiz.de/10010308954
This paper studies the impact of bank mergers on firm-bank lending relationships using information from individual loan … contracts in Belgium. We analyse the effects of bank mergers on the probability of borrowers maintaining their lending … relationships and on their ability to continue tapping bank credit. The environment reflects a number of interesting features: high …
Persistent link: https://www.econbiz.de/10011506568
Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …
Persistent link: https://www.econbiz.de/10011506699
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