bank funding costs. We show that credit supply is dampened by the associated debt-overhang cost to bank shareholders. Until … offset if drawdowns are expected to be left on deposit at the same bank, which happened at some of the largest banks during …

bank funding costs. We show that credit supply is inefficiently dampened by the associated debt-overhang cost to bank … supply is offset to the extent that drawdowns are expected to be left on deposit at the same bank, which happened at the …

bank funding costs. We show that credit supply is dampened by the associated debt-overhang cost to bank shareholders. Until … offset if drawdowns are expected to be left on deposit at the same bank, which happened at some of the largest banks during …

competition. Here, we employ a novel approach to account for IRS that are both unexpected and effective for a bank’s business … theory that monopolistic firms undersupply the market when utilizing their high pricing power in the bank competition …–liquidity creation nexus. While positive IRS per se lead to an increase in bank liquidity creation, we find that a high bank …

We analyze the dynamics of the bank interest rates on the new short-term loans granted to non-financial corporations in … rates in the empirical financial literature, we find that bank interest rates do not display evidence of mean reversion, and … that the variance increases with the level of the bank rates only for a few countries. Moreover, we notice that the …

. Building on these findings, we show that asset encumbrance indicators carry predictive information for bank-specific crises as …