, life insurance for applicants and guarantors), but also on direct connections from the range of credit risk insurance …

firm-factor determinants of debt, such as firm size, asset structure, profitability, growth, business risk and age are also …

risk that a LBM and the local economic community might collude at the expenses of the goals of the bank as a whole … heterogeneous credit policies and performance. Using a unique Bank of Italy?s survey, specifically designed to capture some … economic growth and tight liquidity may lower both loan demand and supply, disentangling the impact of credit demand from …

lending: a natural implication of information asymmetries in credit markets is that, in a period of high risk aversion and … which we have full information on credit rationing from the Survey of Industrial and Service Firms from Bank of Italy … been less rationed during the 2008-09 financial crisis. This result holds when we consider also the firm and bank …

how recall risk of recallable bank lines of credit impact cash holdings and line usage. While the bank does not require an … upfront fee for providing a line of credit, which may make these lines an effective tool in liquidity management, the bank has …We use a unique sample of self-employed and corporate clients provided by a universal bank in Germany to investigate …

. We do not find a significant impact of borrowers' wealth and default risk on the use of collateral. …

We use a compound option-based structural credit risk model to infer a term structure of banking crisis risk from … market data on bank stocks in daily frequency. Considering debt service payments with different maturities this term … structure assigns a separate estimator for short- and long-term default risk to each maturity. Applying the Duan (1994) maximum …