tend to test this hypothesis and explore whether financial innovation crowd out consumer and corporate credit creation and … innovation (measured by off-balance sheet items as a percentage of total assets), affect bank growth (increase in deposits & net … that financial innovation crowds out credit creation. At the same time, its effect on investment seems to be significant …

kleiner und mittelständischer Unternehmen (KMU) eine Schlüsselrolle. Die deutschen Banken sehen sich oft dem Vorwurf … Sterberaten von KMU, um die Ergebnisse für die Erklärung räumlich unterschiedlicher Finanzierungsbedingungen am Beispiel eines Ost … towards these firms. To examine how their lending decisions depend on regional credit risks, we have to resort to theories of …