small businesses. In particular, using a unique firm-bank matched dataset, the paper examines whether lending relationships … availability for firms using the program. However, when it is a relationship lender (main bank) that extends an ECG loan, the … increased availability is partially, if not completely, offset by a decrease in non-ECG loans by the same bank. Further …

small and medium enterprises in accessing bank financing. The aim of this paper is twofold. First, we describe the …

, resulting in the cash hoarding in banks. The paper argues that as the higher the borrowers' debt service ratio, the greater … default risks, borrowers with high debt service ratio tend to reduce loans and increase saving that leads to cash hoarding in … banking sector. It is argued that to decrease cash hoarding reduction in the debt burden of economy is necessary that can be …

effect is particularly pronounced for firms that are affected by financing constraints on the firm or bank side. Finally, our …

), either project finance (PF) loans or asset securitization (AS) bonds, and straight debt finance (SDF) – corporate bonds (CB … SF over an SDF transaction. The 2007-2008 financial crisis and the subsequent European sovereign debt crisis have a …

determined by (i) the specific time period (crisis vs. non-crisis) and (ii) the balance sheet strength of the firm's main bank in … terms of bank capital. Results of difference-in-differences estimations utilizing three time periods: 2002-2006 (pre …