We investigate the importance of firm-bank relationships for the international transmission of bank distress to the … of firms partially offset reduced credit supply by resorting to alternative financing sources …

We investigate how financial contracting interacts with lending channel effects by tracing the anatomy of a credit … supply shock using micro-level data from a multinational bank. Borrowers with stronger lending relationships, higher non …-lending revenues, and those that pledge collateral, especially outside assets and real estate, experience less credit rationing …

supply. To isolate the uncertainty effect from the credit supply effect, we employ matched bank-firm loan data covering all …This paper studies how high uncertainty affects corporate bank loans, addressing the important identification issue. In … times of high uncertainty, firms reduce their credit demand due to delayed investments or a deterioration in their credit …

's constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained …

to bank loans, such as financing via equity, debt securities, trade credit and lending from non-banks. We investigate … loans to be substitutes for bank loans with negative responses to a positive loan supply shock while trade credit is a …. Quantitatively, the developments in bank loans and trade credit dominate the response of the overall sum of the external financing …