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's loan contraction in crisis. The study highlights the role of diversity of foreign bank ownership in stabilizing credit …
Persistent link: https://www.econbiz.de/10013101502
We develop a model of bank lending that allows for credit rationing in equilibrium. Recognizing that small firms incur … a higher percentage cost of monitoring than large firms, the model shows that the incidence of bank credit rationing … consistent with a pattern of a differentially greater degree of rationing of credit to small borrowers during the Great Recession …
Persistent link: https://www.econbiz.de/10013107543
uncollateralized credit. We find that this kind of policy is more successful in suppressing equity price swings than moderating output …
Persistent link: https://www.econbiz.de/10013081636
Do tightenings of bank lending standards permanently reduce bank lending? We construct a measure of a bank's level of lending standards using micro-data from the sample of banks participating in the Eurosystem Bank Lending Survey in The Netherlands and show that this level measure affects...
Persistent link: https://www.econbiz.de/10013074472
Medium Enterprise (JASME), we examine whether the JASME's lending from December 1997 thorough March 1999 mitigated the credit …
Persistent link: https://www.econbiz.de/10013000459
This paper aims to investigate the drivers of the emerging loan broker market in the lending business value chain. Transaction cost economics, the dominant paradigm for understanding make or buy decisions, represents the starting point of my research. Capabilities based view of banking firms and...
Persistent link: https://www.econbiz.de/10013112526
' credit demand by examining lending by different lenders to the same firm, by comparing firms within the same narrow industry …. Our results show that finance companies and FinTech lenders are major suppliers of credit to small businesses and played …
Persistent link: https://www.econbiz.de/10012834210
"credit run"). A credit run affects the asset correlation, which is one of the main parameters in the Internal Ratings … correlation, which is a fundamental part of the theoretical foundation of the IRBA, but also shows that a credit run increases the …
Persistent link: https://www.econbiz.de/10012836153
of firms partially offset reduced credit supply by resorting to alternative financing sources …
Persistent link: https://www.econbiz.de/10012839598
increases credit supply. In my empirical strategy I compare banks with and without access to securitisation and exploit the ABCP …: banks use unlocked capital from the securitisation of consumer credit to propel C&I lending …
Persistent link: https://www.econbiz.de/10012952237