prediction model where the bank type is determined by observable risk proxies such as ex-ante credit ratings, which influence the …

We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms' bank …-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank's closure forced firms to …' reputational concerns, a healthy bank's closure revealed no overcharging. To policy-makers, our results suggest potential benefits …

Using a large dataset of firm-bank and ownership information for 23 European countries over 2008-2015, we study the … dynamics of bank relationships after corporate acquisitions and the effects of changing banks on firm performance. Foreign … help reduce the cost of financing. We further explore firm and bank heterogeneity and confirm cost of financing and …

We provide evidence on how banks form network connections and endogenous risk-taking in their non-bank counterparty … existing relationship, with non-bank counterparties that are already heavily connected and exposed to other banks. Banks in …. The effects are strongest in the case of (non-bank) financial counterparties. These findings suggest moral hazard behavior …