Comparing banks to non-bank lenders, we investigate whether the geographical distance between lenders, borrowers and … period. The difference in loan spread when bank-borrower distance increases from zero to the median of about 900 miles is 17 …, geographical distance does not seem to have any effect on the loan spread of mortgages granted by non-bank lenders. Moreover, loans …

transfer ; credit derivatives ; public and private information ; access to credit ; bank competition …

We studied information and interaction processes in six lending relationships between a universal bank and medium sized …, bank monitoring is based mainly on cheap, retrospective and internal data. In case of distress, more expensive, prospective … firm's investments might leave the bank in a very strong bargaining position and distort investment incentives. Therefore …