We analyze the effects of leadership in banking when oligopolistic competition exists in the market of deposits. We … leader-follower strategies). Our main findings suggest that there are private and social benefits associated to leadership …. Moreover, leadership enhances financial stability and efficiency in banking. …

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …

assets to complement the IT capital. The investment model is estimated using data from Spanish banks on assets of different …

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …

sovereign debt crisis. Using newly available data linking over 3,000, mostly privately held, non-financial firms to their bank(s …

production economy with stochastic liquidity shocks to the household sector, banks serve to provide optimal intertemporal … problem, it is too narrow to consider solely the role of banks as providers of liquidity. The paper develops a model with … several investment opportunities in which banks have the additional function of asset diversification. …

competition among banks, which in turn lowered entry barriers facing nonfinancial firms, especially firms that depend heavily on …