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Empirical evidence for the bank lending channel in Bosnia and Herzegovina : does lending differ between large and small banks?
Kovacevic, Dejan - 2015
The paper investigates transmission of different foreign and domestic shocks to bank lending activity in Bosnia and Herzegovina through the bank lending channel. The bank lending channel is analyzed in a time series cross sectional data framework for the period 2006q1-2014q1, investigating...
Persistent link: https://www.econbiz.de/10011279756
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Evaluation of Minimum Capital Requirements for Bank Loans to Smes
Duellmann, Klaus - 2016
Our paper addresses firm size as a driver of systematic credit risk in loans to small and medium enterprises (SMEs). Key contributions are the use of a unique data set of SME lending by over 400 German banks and relating systematic risk to the size dependence of regulatory capital requirements....
Persistent link: https://www.econbiz.de/10012988786
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Does corruption affect access to bank credit for micro and small businesses? : evidence from European MSMEs
Galli, Emma; Mascia, Danilo V.; Rossi, Stefania - 2017
corruption, may affect the access to credit for micro, small, and medium-sized enterprises (MSMEs). Using a sample of 68 …-2014, we investigate whether the level of corruption affects their demand for bank loans. Overall, we find that the degree of … corruption seems to play a role in the applications for bank loans when small firms are under investigation. Interestingly …
Persistent link: https://www.econbiz.de/10011671595
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The effect of corruption on microfinance loan portfolio : a semiparametric analysis
Kebede, Jeleta; Tawiah, Vincent Konadu; Gyapong, Ernest - In: Economics of transition and institutional change 31 (2023) 1, pp. 241-268
Persistent link: https://www.econbiz.de/10013471988
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Financing investment: the choice between bonds and bank loans
Morellec, Erwan; Valta, Philip; Zhdanov, Alexei - 2014
We build a model of investment and financing decisions to study the choice between bonds and bank loans in a firm's marginal financing decision and its effects on corporate investment. We show that firms with more growth options, higher bargaining power in default, operating in more competitive...
Persistent link: https://www.econbiz.de/10010258730
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Easy Credit or Credit Shift : Evidence from Banks’ Balance Sheet from 1975 to 2010
Tian, Jianbo - 2010
sing the weekly U.S. banks' balance sheet from 1975:Q1 to 2010:Q2, this paper shows that the cause to housing bubble is the credit shift from defensive liquidity assets to mortgages, rather than the non-existing 'easy credit'. The finding inspires a new systematic explanation to the recent bank...
Persistent link: https://www.econbiz.de/10013137894
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Bank Credit, Asset Prices and Financial Stability : Evidence from French Banks
Pouvelle, Cyril - 2012
This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data at a quarterly frequency, stock price growth is shown...
Persistent link: https://www.econbiz.de/10013101520
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Bubbles, Bank Credit and Macroprudential Policies
Derviz, Alexis - 2013
We explore the ability of a macro-prudential policy instrument to dampen the consequences of equity mispricing (a bubble) and the correction thereof (the bubble bursting), as well as the consequences for real activity in a production economy. In our model, producers are financed by both bank...
Persistent link: https://www.econbiz.de/10013081636
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Bank Capital and Loan Liquidity
Berger, Allen N. - 2020
Bank capital is an important determinant of secondary market liquidity of loans that a bank originates and syndicates. Higher bank capital is associated with significantly narrower loan bid-ask spreads. This effect is stronger when banks are subject to more external financing frictions and...
Persistent link: https://www.econbiz.de/10012834162
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Stock Price Fragility and the Cost of Bank Loans
Francis, Bill - 2020
This study examines whether the flow volatility experienced by institutional investors affects firms' financing costs. Using Greenwood and Thesmar's (2011) stock price fragility, a proxy for firm exposure to its institutional investors' flow volatility, we find that firms with high stock price...
Persistent link: https://www.econbiz.de/10012838891