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This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have contributed … increase in inflation is associated with a 0.07 % fall in long-run real rate of output through its effect on bank credit to the …
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This paper investigates banks' corporate social responsibility. The credit market is composed of two sectors: one for … motivated borrowers is sufficiently high, ethical banks are active, both sectors of the credit market exist and the whole market …
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. We find credit spreads to be negatively related to market size in small markets and positively related in large financial …
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We extend the study of banking equilibrium in Berentsen, Camera and Waller (2007) by introducing an explicit production function for banks. Banks employ labor resources, hired on a competitive market, to run their operations. In equilibrium this generates a spread between interest rates on loans...
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This paper examines the feedback effect between trading in financial markets and bank loan contracting. We find that … bank and the borrowing firm is greater. Overall, our findings suggest that the information content of short selling has … important implications for bank loan costs …
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opportunity for unlisted firms. Using the Italian Credit Register, we investigate the impact of minibond issuance on bank credit … reduce the amount of used bank credit but increase the overall amount of available external funds, pointing to a substitution … with bank credit and to a diversification of corporate funding sources. Studying their ex-post performance, we find that …
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