rights and priorities influenced the availability of credit. Using a unique data set from the nineteenth century United … States and borrower fixed effects, I find that partnerships paid more for credit than proprietorships. The interest rate …

This paper uses U.S. loan-level credit register data and the 2018-2019 Trade War to test for the effects of … international trade uncertainty on domestic credit supply. We exploit cross-sectional heterogeneity in banks' ex-ante exposure to … extensive margins. We document two channels underlying the estimated credit supply effect: a wait-and-see channel by which …