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mitigated the real effects from the bank liqudity shock in prefectures with many bank-dependent SMEs. We document that the … heterogeneity in bank-firm matches implied by the theory …
Persistent link: https://www.econbiz.de/10012894618
perennially remaining outside the ambit of any bank finance. The literature has long identified relationship lending (RL) as a …
Persistent link: https://www.econbiz.de/10013034981
of Imperial administrative posts by scholars in nineteenth century Qing China. The lending mechanism was the “trusted … dependent financing. Empirical analysis of officials' diaries and bank records shows that the employment of trusted …
Persistent link: https://www.econbiz.de/10012948497
distress. We build the first comprehensive dataset on China’s overseas bailouts between 2000 and 2021 and provide new insights … by the People’s Bank of China is increasingly used as a financial rescue mechanism, with more than USD 170 billion in … together, China’s overseas bailouts correspond to more than 20 percent of total IMF lending over the past decade and bailout …
Persistent link: https://www.econbiz.de/10014247738
to bank loan announcements in China. Using firm performance before and after the lending decisions, adjusted for the …This paper explores the puzzle of inconsistent findings in regard to bank lending decisions and the negative response … some cases it is no longer related to bank loan size. Specifically, the positive relationship disappears for loans by …
Persistent link: https://www.econbiz.de/10012968435
We find that competition from payday lenders leads depository institutions to raise overdraft fees and reduce the availability of “free” checking accounts. We attribute this rise in prices partly to adverse selection created by banks’ practice of charging a flat fee regardless of the...
Persistent link: https://www.econbiz.de/10003947557
of increased bank capital in terms of reduced loans could be substantial, there are good reasons to believe that the … between the capitalization of the banking sector and bank loans using panel cointegration models. We study the evolution of … the German economy for the past 60 years. We find no evidence for a negative impact of bank capital on business loans …
Persistent link: https://www.econbiz.de/10009570042
relationship with their savings bank prior to applying for a loan, default significantly less than customers with no prior …
Persistent link: https://www.econbiz.de/10009380932
Government-driven credit played an important role in countervailing the private credit crunch in Brazil during the recent financial crisis. However, government credit concessions continued to expand after the economy recovered. This paper investigates some important features of this expansion...
Persistent link: https://www.econbiz.de/10011289317
This study sheds light on small and medium-sized enterprise (SME) financing and its performance in Thailand. It elaborates on the key sources of finance existing for Thai manufacturing SMEs and their importance for SME performance as measured by technical efficiency, export performance, and...
Persistent link: https://www.econbiz.de/10011490747