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but one that is rarely comprehensively examined. For 131 countries and 13 years we match bank ownership with over 50 …,000 bank-year estimates of individual bank market power. We find that ownership does not explain market power at the individual … bank level. However, at the country level, foreign bank ownership has a positive and significant impact on market power …
Persistent link: https://www.econbiz.de/10013033620
unobserved bank and firm heterogeneity, we find that firms that were recently poorly performing obtain loans from banks with more … not too high. Our estimates thus suggest that bank market power can facilitate access to credit by poorly-performing firms …
Persistent link: https://www.econbiz.de/10013029084
The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation … innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main … lending. And the lending technology is evolving from one-to-one meetings between a loan officer and a borrower, at a bank …
Persistent link: https://www.econbiz.de/10012399037
How do banks offer mortgages through on online platform to areas without their branch presence? Unique data on responses from different banks to applicant households yield three salient findings: First, banks offer 4% more often and 6 basis points cheaper credit when markets have high versus low...
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fact, the largest when the bank is foreign. Our evidence suggest that investors value relationships with more competitive … applicable also to the European markets where regulatory and economic borders do not coincide and bank identities and reputation … seem to matter a great deal. -- Relationship banking ; bank organization ; bank origin ; loan announcement return …
Persistent link: https://www.econbiz.de/10003832012
bank-level dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the crisis) and … the existence of a potent global bank lending channel. In response to changes in U.S. monetary conditions, U.S. banks … strongly adjust their cross-border claims in both the pre and post-crisis period. However, we also find that U.S. bank …
Persistent link: https://www.econbiz.de/10011336667
bank loans to U.S. firms over the period of 1980-2003. We find that investors react positively to such announcements if the …'s headquarters state. Investor reaction is, in fact, the largest when the bank is foreign. Our evidence suggest that investors value … bank identities and reputation seem to matter a great deal …
Persistent link: https://www.econbiz.de/10013098445