Using novel data on 1,240 credit agreements, we investigate sources of contractual complexity in the leveraged loan …

. Finally, we show that firms respond to lower borrowing costs by using more bank credit …

performance and credit risk. Last, firms increase capital expenditures and R&D after receiving the Most Admired designation …

This paper investigates how government-led banking liberalization affects credit allocation by banks using as a quasi … % increase in debt funding and more than 100-basis-point drop in interest costs despite their inferior credit quality. The debt …

Current empirical methods to identify and assess the impact of bank credit supply shocks rely strictly on multi … economy and most prone to credit supply shocks. We propose and underpin an alternative demand control (using industry …-location-size-time fixed effects) that allows identifying timevarying cross-sectional bank credit supply shocks using both single- and multi …

have despite this received scant attention in the credit-line literature. In this paper, I study the liquidity …

. Banks that were subject to regulatory stress tests responded by significantly reducing their out-of-market lending. Credit …