Marchionne, Francesco; Fratianni, Michele U.; Papi, Luca; … - 2021
macro approach to capture the direct effect on the fined bank and the indirect effect on the other banks operating in the … 2005-2016 by a fixed effects model and instrumental variables. Provincial gross bank loans expand after a fine … independently of its size. The impact of fine frequency depends on the size of the provincial banking sector, but neither on bank …