, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …

liquidity. Our analysis is based on a daily panel of unsecured overnight loans between 1,079 distinct German bank pairs from … after controlling for search frictions as well as a large set of (time-varying) bank and bank-pair control variables and …-the-counter interbank market, our results establish that bank-pair relationships have a significant impact on interbank credit availability …

charged already higher interest rates to their borrowers after controlling for other bank specific characteristics and general … with theory that relationship lenders have private information about the creditworthiness of their close borrowers …