Small and medium-sized firms typically obtain capital via bank financing. They often rely on a mixture of relationship … show that the incidence of inefficient credit termination and subsequent firm liquidation is contingent on the borrower …'s quality and on the relationship bank's information precision. Generally, heterogeneous multiple banking leads to fewer …

developing a new methodology to separate firms' credit shocks from loan supply shocks, using a vast sample of matched bank … bank loan supply net of borrower characteristics and general credit conditions - can have large impacts on aggregate loan …-firm lending data. We decompose loan movements in Japan for the period 1990 to 2010 into bank, firm, industry, and common shocks …

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 …

This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …

use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …

? liquidity constraints. We also demonstrate that increasing the rate of inflation can be welfare improving when credit rationing …