This paper analyzes the effects of bank mergers on bank-firm relationships. Using matched bank-firm level data, I find … positive effects of mergers for borrowers that continue the lending relationship with the consolidated bank. On average …

We empirically examine the impact of bank consolidation on bank acquisition of soft information about borrowers. Using …

We use the SEC Tick Size Pilot Program to show that stock liquidity reduces the cost of bank loans. Treated firms …. Finally, we show that firms respond to lower borrowing costs by using more bank credit …

disproportionately curtailed credit to three types of borrowers: (1) private, bank-dependent SME firms, (2) firms whose lending …) contribute a bank capital-based transmission channel to the literature studying the effects of the pandemic on SME firms …Did banks curb lending to creditworthy small and mid-sized enterprises (SME) during the COVID-19 pandemic? Sitting on …

We investigate two questions: (1) Do bank lending decisions to small and medium-sized firms provide information about …? Based on a unique, detailed data set of all Norwegian firms' bank accounts and financial statements, the answer to both … questions is yes. Competing 'outside' bank lenders lend to firms who subsequently perform worse than other borrowers, and this …

This paper analyzes how bank regulation that promotes greater access to credit impacts the financing of targeted small … of the Community Reinvestment Act (CRA). The empirical tests reveal that a CRA-induced increase in bank loans reduces … financial constraints are tighter due to low bank competition. The effect is also larger for small firms that operate in trade …

and distortions. Finally, we briefly review the recent evolution of bank lending to the private sector. We draw policy …

, particularly borrowers reporting outstanding loans at the end of 2012. Stock valuations of firms with long-term bank relationships … a long-term bank-firm relationship may mitigate the negative effects of a liquidity shock …