The purpose of this note is to point out an omission in an important paper by Sharpe (1990) on long-term bank …

employ a regression discontinuity design to identify the effect of bank interventions on their borrowers' trade credit. The …

. We examine the effects of creditor rights on the sensitivity of bank lending terms to aggregate relative to firm …-specific information. We formulate two competing hypotheses. On the one hand, weaker creditor rights can amplify the bank's screening and … reduce the ability of borrowers with strong fundamentals to raise bank debt, lead to more correlated bank lending decisions …

number of banks suffered on average a larger contraction in bank credit and a higher probability of experiencing a reduction … in outstanding bank debt. The same results hold for firms diversifying their borrowing, concentrating a smaller … proportion with the main bank. The stability of the bank-firm relationship, measured by its duration, also appears to have been …

I investigate whether bank exposures to sovereign debt during the European debt crisis affected the real economy. I … show a shock to the marked-to-market (MTM) value of bank exposures to sovereign debt led to credit tightening in 2010 … exposures reduced bank short-term funding from US money market funds rather than affecting equity or working through alternative …