hampered the smooth transmission of accommodative monetary policy. Using bank level data from 2007 to 2015, we directly measure … bank in the same month for loans to small and large firms (the "Small Firm Financing Premium", SFFP). We assess the role … played by both bank and macroeconomic factors in explaining the variation in the SFFP across countries and through time. We …

This article investigates the short-term and long-term effects of bank market power on the availability of credit for … companies, and on firm investment. Our results suggest that an increase in bank market power reduces firms' credit availability …

. They are more likely to expand credit when faced with competition but also cherry pick customers and restrict credit when … local banking competition is key to determining which organizational structure provides better lending terms for small …

credit for non-financial firms. Our results suggest that bank competition increased during the 2006-2008 period–even as …We present new measures of market power for the banking industry in Colombia and estimate their effect on the cost of … concentration increased–but decreased thereafter. Using a unique combination of loan, firm and bank-level datasets we are also able …