Purpose: Existing research on uncertainty and bank lending has focused entirely on aggregate uncertainty (i.e., economic policy uncertainty) and its subcomponents, but not considering other uncertainty measures from the specif-ic perspective of financial markets, especially the banking sector....

We provide the first evidence of the effects of credit market regulations on the cost of bank loans. Using a sample of 3,706 banks in 154 countries over the period 2002-2020, we find robust evidence that the liberalisation of credit market regulations is associated with lower loan prices. The...

We examine the relation between geopolitical risk and the cost of bank loans using a sample of 27,405 loan facilities in the US over the period 1991–2019. We show that geopolitical risk is associated with higher loan prices and more stringent nonprice loan terms. Delving into the components of...