, resulting in lower asset-, investment- and sales growth for firms obtaining a larger share of their bank credit from the treated …

credit supply results in lower firm-, investment-, and sales growth for firms which obtain a larger share of their bank …

What is the impact of a sudden and sizeable increase in bank capital requirements on the lending activity by directly … affected banks and by non-affected non-bank financial institutions (NBFIs)? To answer this question, we apply a difference … activities, in riskier and more competitive borrower segments, but NBFIs do not seem to rely on increased bank funding to finance …

corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …