, influence their labor decisions, and impact their ultimate survival. Using the U.S. branching deregulation from the 1990s, I … declined by 5.4% and remained lower for several years. The decline in credit supply eventually led to a decrease in the number … credit supply shocks can have persistent adverse effects on labor …

Exploiting differential interstate branching deregulation across contiguous counties of adjacent states, we investigate …

margin. This study contributes valuable insights into the efficacy of public credit support programs during crises …

opportunity for unlisted firms. Using the Italian Credit Register, we investigate the impact of minibond issuance on bank credit … reduce the amount of used bank credit but increase the overall amount of available external funds, pointing to a substitution … with bank credit and to a diversification of corporate funding sources. Studying their ex-post performance, we find that …

power with banks. Issuer firms also reduce the amount of used bank credit, expand their total and fixed assets, and raise … regulatory reform which allowed unlisted firms to issue minibonds. Using the Italian Credit Register, we compare new loans … lower interest rates on bank loans of the same maturity than non-issuer firms, suggesting an improvement in their bargaining …

bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …, pointing to a substitution with bank credit and to a diversification of corporate funding sources. Studying their ex …

entry of a remote, specialized lender to estimate the impact of specialized lending on credit access. Entry significantly … can deepen credit markets by providing new loans to low-risk but underfinanced small businesses …

stable finance. One efficient way to promote SME financing is through credit guarantee schemes, where the government … guarantees a portion (ratio) of a loan provided by a bank to an SME. This research provides a theoretical model and an empirical … analysis of factors that determine optimal credit guarantee ratio. The ratio should be able to fulfill the government's goal of …

of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit … is a credit guarantee program initiated by the Bangko Sentral ng Pilipinas that enables enterprises and cooperatives to … nongovernment organizations, local government units, institutions such as the Development Bank of the Philippines, the Land Bank of …

already have access to bank credit. Firms access FinTech to obtain long-term unsecured loans and reduce their exposure to … obtaining a FinTech loan. Our findings suggest that FinTech allows firms to improve their financial flexibility and reduce bank …