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Investment opportunities and corporate demand for lines of credit

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  • Martin, J. Spencer
  • Santomero, Anthony M.

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  • Martin, J. Spencer & Santomero, Anthony M., 1997. "Investment opportunities and corporate demand for lines of credit," Journal of Banking & Finance, Elsevier, vol. 21(10), pages 1331-1350, October.
    • Handle: RePEc:eee:jbfina:v:21:y:1997:i:10:p:1331-1350
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    References listed on IDEAS

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    1. repec:bla:jfinan:v:44:y:1989:i:5:p:1357-83 is not listed on IDEAS
    2. Melnik, Arie & Plaut, Steven E., 1986. "The economics of loan commitment contracts: Credit pricing and utilization," Journal of Banking & Finance, Elsevier, vol. 10(2), pages 267-280, June.
    3. Duan, Jin-Chuan & Yoon, Suk Heun, 1993. "Loan commitments, investment decisions and the signalling equilibrium," Journal of Banking & Finance, Elsevier, vol. 17(4), pages 645-661, June.
    4. Avery, Robert B. & Berger, Allen N., 1991. "Loan commitments and bank risk exposure," Journal of Banking & Finance, Elsevier, vol. 15(1), pages 173-192, February.
    5. Sofianos, George & Wachtel, Paul & Melnik, Arie, 1990. "Loan commitments and monetary policy," Journal of Banking & Finance, Elsevier, vol. 14(4), pages 677-689, October.
    6. Ham, John C & Melnik, Arie, 1987. "Loan Demand: An Empirical Analysis Using Micro Data," The Review of Economics and Statistics, MIT Press, vol. 69(4), pages 704-709, November.
    7. Melnik, Arie & Plaut, Steven, 1986. "Loan Commitment Contracts, Terms of Lending, and Credit Allocation," Journal of Finance, American Finance Association, vol. 41(2), pages 425-435, June.
    8. Thakor, Anjan V. & Udell, Gregory F., 1987. "An economic rationale for the pricing structure of bank loan commitments," Journal of Banking & Finance, Elsevier, vol. 11(2), pages 271-289, June.
    9. Shimko, David C., 1992. "The Valuation of Multiple Claim Insurance Contracts," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 27(2), pages 229-246, June.
    10. Boot, A.W.A. & Thakor, A.V. & Udell, G.F., 1987. "Competition, risk neutrality and loan commitments," Other publications TiSEM afd7b491-7ac6-41c8-8cae-0, Tilburg University, School of Economics and Management.
    11. Campbell, Tim S, 1978. "A Model of the Market for Lines of Credit," Journal of Finance, American Finance Association, vol. 33(1), pages 231-244, March.
    12. Boot, Arnoud & Thakor, Anjan V. & Udell, Gregory F., 1987. "Competition, risk neutrality and loan commitments," Journal of Banking & Finance, Elsevier, vol. 11(3), pages 449-471, September.
    13. Boot, Arnoud W. A. & Thakor, Anjan V. & Udell, Gregory F., 1991. "Credible commitments, contract enforcement problems and banks: Intermediation as credibility assurance," Journal of Banking & Finance, Elsevier, vol. 15(3), pages 605-632, June.
    14. Jacob A. Frenkel & Boyan Jovanovic, 1980. "On Transactions and Precautionary Demand for Money," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 95(1), pages 25-43.
    15. Hassan, M. Kabir & Sackley, William H., 1994. "A methodological investigation of risk exposure of bank off-balance sheet loan commitment activities," The Quarterly Review of Economics and Finance, Elsevier, vol. 34(3), pages 283-299.
    16. Duffie, Darrell & Sun, Tong-sheng, 1990. "Transactions costs and portfolio choice in a discrete-continuous-time setting," Journal of Economic Dynamics and Control, Elsevier, vol. 14(1), pages 35-51, February.
    17. Corbae, Dean, 1993. "Relaxing the cash-in-advance constraint at a fixed cost Are simple trigger-target portfolio rules optimal?," Journal of Economic Dynamics and Control, Elsevier, vol. 17(1-2), pages 51-64.
    18. Berkovitch, Elazar & Greenbaum, Stuart I., 1991. "The Loan Commitment as an Optimal Financing Contract," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 26(1), pages 83-95, March.
    19. Blackwell, Norman R. & Santomero, Anthony M., 1982. "Bank credit rationing and the customer relation," Journal of Monetary Economics, Elsevier, vol. 9(1), pages 121-129.
    20. Stuart I. Greenbaum & Itzhak Venezia, 1985. "Partial Exercise Of Loan Commitments Under Adaptive Pricing," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 8(4), pages 251-263, December.
    21. McDonald, Robert L & Siegel, Daniel R, 1985. "Investment and the Valuation of Firms When There Is an Option to Shut Down," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(2), pages 331-349, June.
    22. Hawkins, Gregory D., 1982. "An analysis of revolving credit agreements," Journal of Financial Economics, Elsevier, vol. 10(1), pages 59-81, March.
    23. Morgan, Donald P, 1994. "Bank Credit Commitments, Credit Rationing, and Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(1), pages 87-101, February.
    24. Maksimovic, Vojislav, 1990. "Product Market Imperfections and Loan Commitments," Journal of Finance, American Finance Association, vol. 45(5), pages 1641-1653, December.
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