Bank credit supply and firm innovation behavior in the financial crisis
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Banking and Finance"
DOI: 10.1016/j.jbankfin.2020.105961
Abstract: Abstract We analyze the change in firms’ innovation behavior (short-term adjustment and long-term strategy) in reaction to the credit supply shock to banks in the recent financial crisis 2008/2009. Using a matched bank-firm data set… read more here.
Keywords: bank; innovation; credit supply; crisis ... See more keywords
Identifying credit supply shocks with bank-firm data: Methods and applications
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Financial Intermediation"
DOI: 10.1016/j.jfi.2019.01.004
Abstract: Current empirical methods to identify and assess the impact of bank credit supply shocks rely strictly on multi-bank firms and ignore firms borrowing from only one bank. Yet, these single-bank firms are often the majority… read more here.
Keywords: bank firms; credit; supply shocks; credit supply ... See more keywords
Loan guarantees and credit supply
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2020.08.008
Abstract: Abstract The efficiency of federal lending guarantees depends on whether guarantees increase lending supply or simply act as a subsidy to lenders. We use notches in the guarantee rate schedule for Small Business Administration (SBA)… read more here.
Keywords: guarantee; credit supply; guarantees credit; loan ... See more keywords
Macroprudential, Monetary Policy Synergies and Credit Supply: Evidence from Matched Bank‐Firm Loan‐Level Data in Brazil
Sign Up to like & getrecommendations! Published in 2025 at "Journal of Money, Credit and Banking"
DOI: 10.1111/jmcb.13270
Abstract: This paper estimates the impact of countercyclical reserve requirements (RRs) on credit. We explore differential bank exposure to RRs in matched loan‐level data from Brazil, where RRs have been used extensively to pursue financial stability.… read more here.
Keywords: level data; data brazil; policy; credit ... See more keywords
Securitization, Ratings, and Credit Supply
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Finance"
DOI: 10.1111/jofi.12866
Abstract: We develop a framework to explore the effect of credit ratings on loan origination and securitization. In the model, banks privately screen and originate loans and then issue securities that are backed by loan cash… read more here.
Keywords: securitization ratings; securitization; retention; credit supply ... See more keywords
How does the digital economy affect corporate business credit supply?
Sign Up to like & getrecommendations! Published in 2024 at "Journal of Business Economics and Management"
DOI: 10.3846/jbem.2024.22027
Abstract: Business credit supply entails a firm providing credit to its customers as a means to gain a competitive edge. The advent of the digital economy has brought about profound changes in business practices. In this… read more here.
Keywords: economy; business credit; credit supply; digital economy ... See more keywords