We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the … one banking relationship as long as they account for only a small share of the total loan volume of their banks. The …

experienced pronounced credit booms at the same time that these imbalances were building up, this paper investigates the link … between domestic credit developments and the current account balance. Using a panel error correction specification, the …

, national banks raise overdraft fees relative to state-chartered banks in affected states. However, banks in affected states … also provide more overdraft credit and bounce a smaller share of checks following preemption. The share of low …

the effect of entry threat on incumbent banks' loan loss provisions. Incumbents exposed to entry threat have offsetting …

This paper studies the relationship between competition measures at the bank level and the price of credit for non … indicator. Evidence is provided that similar loans provided by banks with higher market power (Lerner indicator) are …

levy was implemented supply more credit. This increase is more significant for larger lenders and banks that are more … banks' liabilities thereby decreasing the cost of equity relative to the cost of debt. Using a difference …-in-differences approach we assess the impact of this tax levy on banks' participation in the syndicated loan market. We further investigate …

the distribution of risk via credit supply. For identification, we exploit exhaustive US loan-level data since the 1990s …, borrowerlender relationships and Gertler-Karadi monetary policy shocks. Higher policy rates shift credit supply from banks to …, higher policy rates increase risk-taking, as less-regulated, fragile nonbanks -in all credit markets- expand supply to …

Can banks trade credit default swaps (CDSs) referenced on their current corporate clients at competitive prices, or are … banks penalized for potentially holding private information? To answer this question we merge CDS trades reported under the … that the same dealer offers to banks and to other investors. We find that banks lending to a corporation purchase CDSs on …

banks about their profitability, which in turn respond by providing more credit. Entry and exit from the credit market … during the last decade to study non-financial firm performance and bank credit dynamics. Access to broadband unleashes firm … of the observed interest rates, which is consistent with the fact that our credit market results are concentrated among …

banks about their profitability, which in turn respond by providing more credit. Entry and exit from the credit market … during the last decade to study non-financial firm performance and bank credit dynamics. Access to broadband unleashes firm … of the observed interest rates, which is consistent with the fact that our credit market results are concentrated among …