| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15015 |
| DP15015 Close Competitors? On the Causes and Consequences of Bilateral Bank Competition | |
| Ralph De Haas; Liping Lu; Steven Ongena | |
| 发表日期 | 2020-07-08 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We interview 379 European bank CEOs to identify their banks’ main competitors. We then provide evidence on the drivers of bilateral bank competition, construct a novel competition measure at the locality level, and assess how well it explains variation in firms’ credit constraints. We find that banks identify another bank as a main competitor in small-business lending when their branch networks overlap, when both are foreign owned or relationship oriented, or when the potential competitor has fewer hierarchical layers. Intense bilateral bank competition increases local credit constraints, especially for small firms, as competition may impede the formation of lending relationships. |
| 主题 | Financial Economics |
| 关键词 | Bilateral bank competition Multimarket contact Credit constraints |
| URL | https://cepr.org/publications/dp15015 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543964 |
| 推荐引用方式 GB/T 7714 | Ralph De Haas,Liping Lu,Steven Ongena. DP15015 Close Competitors? On the Causes and Consequences of Bilateral Bank Competition. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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