This study examines the effectiveness of bank recapitalization policies in Japan. Based on a reading of the "business … Japan: (1) to increase the bank capital ratios; (2) to increase write-offs of non-performing loans; (3) to increase lending … a panel of individual bank data, we empirically estimate the effectiveness of the Japanese government policy of public …

This paper studies the impact of bank mergers on firm-bank lending relationships using information from individual loan … contracts in Belgium. We analyse the effects of bank mergers on the probability of borrowers maintaining their lending … relationships and on their ability to continue tapping bank credit. The environment reflects a number of interesting features: high …

creation begins with a new bank deposit, and that a small bank cannot create money. This article refutes the latter …

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 …

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 fi rms who subsequently perform worse than other borrowers, and this …

In this paper we explore the effects of bank-borrower physical proximity on price and non-price aspects of small … bank-borrower distance and decrease with the distance between borrower and other competing banks. Along the quantity … quantity effects of bank-borrower distance are concentrated among less transparent firms. Our findings are consistent with …

We model how an information asymmetry between the lending bank and the applying firm about the currency structure of …