conditions after the bankruptcy of a US investment bank, Lehman Brothers. This paper examines the association between external … quarterly bank-firm lending data with detailed information on borrowers and lenders. Our results indicate that foreign sales are … insensitive to variations in external finance. While German banks affected by the crisis have significantly reduced their credit …

The ex ante theory of collateral states that better informed lenders, such as informal lenders, rely less on collateral …

governments are heavily concerned about the tax revenue losses arising from bank failures, strict capital requirements are imposed …

between credit risk and liquidity risk of banks. This interaction is found to make a risk neutral bank behave as if it were … regulatory liquidity requirements on bank behavior. A multi-stage decision situation allows for considering the interaction … money market destroys endogenous risk aversion and allows banks to manage credit risk and liquidity risk independently. The …

contribution is two-fold. First, we expand the theory of granularity to encompass the Bertrand competition frequently used in … right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

Strong lending relationships between banks and small and medium-sized enterprises (SMEs) play a key role in the bank … long-term bank-customer relationships. The present paper takes a new look by considering also interactional variables which …