contributes to the literature on interconnectedness, credit risk, and systemic risk in J-REIT's syndicated loan network …

estimate the value that membership in large yet diffuse networks brings in terms of access to bank credit and improving … percent of all firms, it accesses two-thirds of all bank credit. We estimate the value of joining this giant network by …

We build a commercial credit network, identify the most central economic sectors in terms of commercial debt, and …," "manufacturing," and "transportation, storage, and communication" are the most central sectors in the commercial credit network. In a … sectors. The results highlight the importance of having a good estimation of commercial credit interlinks for financial …

-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management …

loan syndicates. While the purpose of TARP was to stimulate the flow of credit during the economic downturn, the low cost … of capital could have functioned as a double-edged sword by imprudently increasing lenders' credit risk-appetite. Our … documenting a greater share of lead arranger commitment during a period of time when credit monitoring was strengthened …

-securitized loans. The result can largely be explained by their degree of information asymmetry and credit risk. We find that lead banks …