Showing 1 - 10 of 162
Persistent link: https://www.econbiz.de/10011706641
Persistent link: https://www.econbiz.de/10011708003
) residuals. We identify a negative relation between monetary policy rates and bank risk-taking, especially in the run up to the … measure of bank risk-taking. Our results highlight the sensitivity of the potency of the risk-taking channel to the measures …
Persistent link: https://www.econbiz.de/10012950074
Persistent link: https://www.econbiz.de/10013489260
Do prior lending relationships result in pass-through savings (lower interest rates) for borrowers, or do they lock in higher costs for borrowers? Theoretical models suggest that when borrowers experience greater information asymmetry, higher switching costs, and limited access to capital...
Persistent link: https://www.econbiz.de/10013115091
Persistent link: https://www.econbiz.de/10003678819
Persistent link: https://www.econbiz.de/10013371058
We test whether output growth in European economic agglomeration regions depends on financial development. To this end we suggest a relative measure of the quality of financial institutions rather than the usual quantity proxy of financial development. In order to measure the quality of...
Persistent link: https://www.econbiz.de/10010295929
We examine the relationship between the number of bank relationships and firms’ performance, evaluating possible … listed and for which bank debt is a major source of financing. In the sample, 4 percent of the firms have a single bank … as the number of bank relationships increases, with a stronger relationship for small firms than for large firms. We also …
Persistent link: https://www.econbiz.de/10010397608
Persistent link: https://www.econbiz.de/10001337782