Popov, Alexander; Ongena, Steven - In: Journal of Banking & Finance 35 (2011) 3, pp. 544-559
This paper investigates the effect of interbank market integration on small firm finance in the build-up to the 2007-2008 financial crisis. We use a comprehensive data set that contains contract terms on individual loans to 6047 firms across 14 European countries between 1998:01 and 2005:12. We...