decline in loan maturity is bank driven. In line with this premise, we find that the slope of the loan yield curve becomes …

the loans they took out from the same bank prior to the crisis, after we control for firm-, bank-, and loan … bank-dependent borrowers by more than they did on their loans to borrowers that have access to the bond market. These … results are likely bank-driven because we derive them on a set of borrowers that took out loans both before and after the …

that incurred larger losses. These results hold after we control for firm-, bank-, and loan-specific factors, and account … for endogeneity of bank losses. These findings, together with our evidence that borrowers took out smaller loans during … the crisis when they borrowed from banks that incurred larger losses, lend support to the concerns about bank lending …