The paper analyzes bank loan supply in a simple value maximizing partial equilibrium framework.The focus is on the role … of bank capital, capital regulation and the pricing of bank liabilities.The model is constructed so as to resemble the … changed subtantially during this period.While equity capital is assumed exogenous, the bank may choose the amount of …

The paper examines the determination of bank lending during the Finnish credit boom of 1986-1990 with the data of 483 … savings and cooperative banks.A particular objective is to establish whether bank behaviour is consistent with what is called … moral hazard hypothesis, according to which banks expanded risky lending in part to benefit from underpricing of bank …

) abilities and on the sectoral concentration risk of a credit portfolio. In this paper, we examine in the first part if … cooperative banks. In the second part we measure the overall effect of better monitoring and the associated higher sectoral credit … concentrations on the credit risk of the portfolio. Our empirical results suggest that specialization benefits overcompensate the …

Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …

We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck …, and the bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by …

Mortgage originators use credit score cutoff rules to determine how carefully to screen loan applicants. Recent … adopted credit score cutoff rules in response to underwriting guidelines from Fannie Mae and Freddie Mac and offer a simple … and in their default rate at credit score cutoffs in the absence of corresponding jumps in the securitization rate. We …

This paper analyses the influence of bank ownership and lending on capital structure for a sample of listed and … unlisted Spanish firms in the period 2005-2012. The results suggest that bank ownership allows banks to obtain better … relationship with the cost of debt. These results are consistent with the predominance of the monitoring effect in bank ownership …

access to credit for small and medium-size enterprises (SMEs). The most direct consequence of the reform is to reduce in the … reduce the aggregate investment by SMEs in a more than proportional way, since it will restrict the access to credit for some … bank loans, we also estimate the future outflows of TFR funds due to the reform. …