This article investigates the short-term and long-term effects of bank market power on the availability of credit for … companies, and on firm investment. Our results suggest that an increase in bank market power reduces firms' credit availability …

enterprises (SMEs) translates into a lower volume of loans. We use a unique dataset on loans from a state owned Swedish bank … designed to support credit-constrained SMEs and interact their loan portfolio with the number of nearby commercial bank offices … larger number of local bank offices increases the local credit supply, and decreases the credit constraints of nearby SMEs. …

Germany's bank-based financial system provides a high level of financial inclusion, measured by bank outreach and use … implementing the right to a basic bank account with an overdraft facility and protection against attachment, establishing public …

hampered the smooth transmission of accommodative monetary policy. Using bank level data from 2007 to 2015, we directly measure … bank in the same month for loans to small and large firms (the "Small Firm Financing Premium", SFFP). We assess the role … played by both bank and macroeconomic factors in explaining the variation in the SFFP across countries and through time. We …

We study the effect of financial distress in foreign parent banks on local SME financing in 14 central and eastern … by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … crunch ; financial crisis ; bank lending channel ; business lending …

This paper studies how bank market power affects firm creation in innovative industries. Theoretically, I show that the … effect of bank market power is ambiguous. I exploit a 2012 policy intervention in Italy, designed to foster firm creation in … innovative industries through public bank guarantees. The policy increased firm creation in innovative industries by 50%, but the …