innovations to stochastic loan-to-value ratios imposed on borrowers, and supply shocks, negative innovations to stochastic bank …

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …

Does bank instability push borrowers to use crowdfunding as a source of external finance? We identify stressed banks …

the security level for each bank in each period, we find that during the crisis, banks with higher trading expertise …

An increase in collateral availability can reduce the need for bank auditing. We test this hypothesis using reforms …

affects a bank's risk-taking behavior and its future loan growth.Methodology – A sample of European banks (27 member countries … with bank fixed effects to control for unobserved characteristics that might affect the dependent variable.Findings – The … suggests that the current Basel III requirement on liquidity ratio can decrease bank's risking-taking behavior while not …

between bank credit and firm-level productivity in the context of different financial markets set-ups, we introduce a model of … group of European countries to explore the relation between bank credit and productivity following the main predictions of … the model. We estimate an extended set of elasticities of bank credit with respect to a series of productivity measures of …

between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We … estimate an extended set of elasticities of bank credit with respect to a series of productivity measures of firms. We focus …

Much concern has recently been expressed that both large, procyclical changes in bank assets and "credit crunches …" caused by bank reluctance to expand loans during recessions contribute to economic instability. These effects are difficult …