Specialization in bank lending: evidence from exporting firms
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Paravisini, Daniel & Philipp, Schnabl & Rappoport, Veronica, 2017. "Specialization in Bank Lending: Evidence from Exporting Firms," CEPR Discussion Papers 12156, C.E.P.R. Discussion Papers.
- Daniel Paravisini & Veronica Rappoport & Philipp Schnabl, 2015. "Specialization in Bank Lending: Evidence from Exporting Firms," NBER Working Papers 21800, National Bureau of Economic Research, Inc.
- Paravisini, Daniel & Rappoport, Veronica & Schnabl, Philipp, 2017. "Specialization in bank lending: evidence from exporting firms," LSE Research Online Documents on Economics 86584, London School of Economics and Political Science, LSE Library.
References listed on IDEAS
- Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli, 2016.
"Relationship and Transaction Lending in a Crisis,"
Review of Financial Studies, Society for Financial Studies, vol. 29(10), pages 2643-2676.
- Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli, 2013. "Relationship and Transaction Lending in a Crisis," NBER Working Papers 19467, National Bureau of Economic Research, Inc.
- Bolton, Patrick & Freixas, Xavier & Gambacorta, Leonardo & Mistrulli, Paolo Emilio, 2013. "Relationship and Transaction Lending in a Crisis," CEPR Discussion Papers 9662, C.E.P.R. Discussion Papers.
- Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli, 2013. "Relationship and Transaction Lending in a Crisis," BIS Working Papers 417, Bank for International Settlements.
- Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli, 2016. "Relationship and Transaction Lending in a Crisis," Working Papers 714, Barcelona Graduate School of Economics.
- Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli, 2013. "Relationship and transaction lending in a crisis," Temi di discussione (Economic working papers) 917, Bank of Italy, Economic Research and International Relations Area.
- Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli, 2013. "Relationship and transaction lending in a crisis," Economics Working Papers 1385, Department of Economics and Business, Universitat Pompeu Fabra.
- Berger, Allen N. & Miller, Nathan H. & Petersen, Mitchell A. & Rajan, Raghuram G. & Stein, Jeremy C., 2005.
"Does function follow organizational form? Evidence from the lending practices of large and small banks,"
Journal of Financial Economics, Elsevier, vol. 76(2), pages 237-269, May.
- Allen N. Berger & Nathan H. Miller & Mitchell A. Petersen & Raghuram G. Rajan & Jeremy C. Stein, 2002. "Does function follow organizational form? evidence from the lending practices of large and small banks," Proceedings 815, Federal Reserve Bank of Chicago.
- Allen N. Berger & Nathan H. Miller & Mitchell A. Petersen & Raghuram G. Rajan & Jeremy C. Stein, 2002. "Does Function Follow Organizational Form? Evidence From the Lending Practices of Large and Small Banks," NBER Working Papers 8752, National Bureau of Economic Research, Inc.
- Allen N. Berger & Nathan H. Miller & Mitchell A. Petersen & Raghuram G. Rajan & Jeremy C. Stein, 2002. "Does Function Follow Organzizational Form? Evidence From the Lending Practices of Large and Small Banks," Harvard Institute of Economic Research Working Papers 1976, Harvard - Institute of Economic Research.
- Mayer, Thierry & Zignago, Soledad, 2006.
"Notes on CEPII’s distances measures,"
MPRA Paper
26469, University Library of Munich, Germany.
- Thierry Mayer & Soledad Zignago, 2011. "Notes on CEPII’s distances measures: The GeoDist database," Working Papers 2011-25, CEPII research center.
- Daniel Paravisini & Veronica Rappoport & Philipp Schnabl & Daniel Wolfenzon, 2015.
"Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data,"
Review of Economic Studies, Oxford University Press, vol. 82(1), pages 333-359.
- Paravisini, Daniel & Rappoport, Veronica & Schnabl, Philipp & Wolfenzon, Daniel, 2010. "Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data," Working Papers 2010-022, Banco Central de Reserva del Perú.
- Daniel Paravisini & Veronica Rappoport & Philipp Schnabl & Daniel Wolfenzon, 2011. "Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data," NBER Working Papers 16975, National Bureau of Economic Research, Inc.
- Paravisini, Daniel & Rappoport, Veronica & Schnabl, Philipp & Wolfenzon, Daniel, 2015. "Dissecting the effect of credit supply on trade: evidence from matched credit-export data," LSE Research Online Documents on Economics 59575, London School of Economics and Political Science, LSE Library.
- Veronica Rappoport & Philipp Schnabl & Daniel Wolfenzon & Daniel Paravisini, 2011. "Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data," 2011 Meeting Papers 180, Society for Economic Dynamics.
- Niepmann, Friederike & Schmidt-Eisenlohr, Tim, 2017.
"International trade, risk and the role of banks,"
Journal of International Economics, Elsevier, vol. 107(C), pages 111-126.
- Friederike Niepmann & Tim Schmidt-Eisenlohr, 2013. "International Trade, Risk and the Role of Banks," Staff Reports 633, Federal Reserve Bank of New York.
- Friederike Niepmann & Tim Schmidt-Eisenlohr, 2015. "International Trade Risk and the Role of Banks," International Finance Discussion Papers 1151, Board of Governors of the Federal Reserve System (U.S.).
- Friederike Niepmann & Tim Schmidt-Eisenlohr, 2014. "International Trade, Risk and the Role of Banks," CESifo Working Paper Series 4761, CESifo.
- Daniel Paravisini, 2008. "Local Bank Financial Constraints and Firm Access to External Finance," Journal of Finance, American Finance Association, vol. 63(5), pages 2161-2193, October.
- Nicolas Berman & Philippe Martin & Thierry Mayer, 2012.
"How do Different Exporters React to Exchange Rate Changes?,"
The Quarterly Journal of Economics, Oxford University Press, vol. 127(1), pages 437-492.
- Nicolas Berman & Philippe Martin & Thierry Mayer, 2012. "How do Different Exporters React to Exchange Rate Changes?," Post-Print hal-03415420, HAL.
- Nicolas Berman & Philippe Martin & Thierry Mayer, 2012. "How do Different Exporters React to Exchange Rate Changes?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03415420, HAL.
- Asim Ijaz Khwaja & Atif Mian, 2008.
"Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market,"
American Economic Review, American Economic Association, vol. 98(4), pages 1413-1442, September.
- Atif Mian & Asim Ijaz Khwaja, 2006. "Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market," NBER Working Papers 12612, National Bureau of Economic Research, Inc.
- Gabriel Chodorow-Reich, 2014. "The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008-9 Financial Crisis," The Quarterly Journal of Economics, Oxford University Press, vol. 129(1), pages 1-59.
- Bernanke, Ben S, 1983.
"Nonmonetary Effects of the Financial Crisis in Propagation of the Great Depression,"
American Economic Review, American Economic Association, vol. 73(3), pages 257-276, June.
- Ben S. Bernanke, 1983. "Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression," NBER Working Papers 1054, National Bureau of Economic Research, Inc.
- Rajan, Raghuram G, 1992. "Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt," Journal of Finance, American Finance Association, vol. 47(4), pages 1367-1400, September.
- Gabriel Jiménez & Steven Ongena & José‐Luis Peydró & Jesús Saurina, 2014.
"Hazardous Times for Monetary Policy: What Do Twenty‐Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk‐Taking?,"
Econometrica, Econometric Society, vol. 82(2), pages 463-505, March.
- Jiménez, Gabriel & Ongena, Steven & Peydró, José-Luis & Saurina, Jesús, 2014. "Hazardous times for monetary policy: what do twenty-three million bank loans say about the effects of monetary policy on credit risk-taking?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 463-505.
- Gabriel Jiménez & Steven Ongena & José Luis Peydró & Jesús Saurina, 2009. "Hazardous times for monetary policy: What do twenty-three million bank loans say about the effects of monetary policy on credit risk-taking?," Working Papers 0833, Banco de España.
- Diamond, Douglas W, 1991. "Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 689-721, August.
- Sharpe, Steven A, 1990.
"Asymmetric Information, Bank Lending, and Implicit Contracts: A Stylized Model of Customer Relationships,"
Journal of Finance, American Finance Association, vol. 45(4), pages 1069-1087, September.
- Steven A. Sharpe, 1989. "Asymmetric information, bank lending, and implicit contracts: a stylized model of customer relationships," Finance and Economics Discussion Series 70, Board of Governors of the Federal Reserve System (U.S.).
- Jeremy C. Stein, 2002. "Information Production and Capital Allocation: Decentralized versus Hierarchical Firms," Journal of Finance, American Finance Association, vol. 57(5), pages 1891-1921, October.
- Philipp Schnabl, 2012. "The International Transmission of Bank Liquidity Shocks: Evidence from an Emerging Market," Journal of Finance, American Finance Association, vol. 67(3), pages 897-932, June.
- Boot, Arnoud W. A., 2000. "Relationship Banking: What Do We Know?," Journal of Financial Intermediation, Elsevier, vol. 9(1), pages 7-25, January.
- Petersen, Mitchell A & Rajan, Raghuram G, 1994. "The Benefits of Lending Relationships: Evidence from Small Business Data," Journal of Finance, American Finance Association, vol. 49(1), pages 3-37, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Veronica Rappoport & Philipp Schnabl & Daniel Paravisini, 2015. "Comparative Advantage and Specialization in Bank Lending," 2015 Meeting Papers 499, Society for Economic Dynamics.
- Lončarski, Igor & Marinč, Matej, 2020. "The political economy of relationship banking," Research in International Business and Finance, Elsevier, vol. 51(C).
- C. Cahn & A. Duquerroy & W. Mullins, 2017.
"Unconventional Monetary Policy and Bank Lending Relationships,"
Working papers
659, Banque de France.
- Cahn, Christophe & Duquerroy, Anne & Mullins, William, 2017. "Unconventional Monetary Policy and Bank Lending Relationships," SocArXiv vgk25, Center for Open Science.
- Ozan Güler & Mike Mariathasan & Klaas Mulier & Nejat G. Okatan, 2021. "The real effects of banks' corporate credit supply: A literature review," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 1252-1285, July.
- De Marco, Filippo & Kneer, Christiane & Wieladek, Tomasz, 2021.
"The real effects of capital requirements and monetary policy: Evidence from the United Kingdom,"
Journal of Banking & Finance, Elsevier, vol. 133(C).
- De Marco, Filippo & Wieladek, Tomasz, 2015. "The real effects of capital requirements and monetary policy: evidence from the United Kingdom," Bank of England working papers 573, Bank of England.
- Filippo De Marco & Tomasz Wieladek, 2016. "The Real Effects of Capital Requirements and Monetary Policy: Evidence from the United Kingdom," BAFFI CAREFIN Working Papers 1640, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- De Marco, Filippo & Wieladek, Tomasz, 2016. "The Real Effects of Capital Requirements and Monetary Policy: Evidence from the United Kingdom," CEPR Discussion Papers 11265, C.E.P.R. Discussion Papers.
- Sutherland, Andrew G., 2020. "Technology is changing lending: Implications for research," Journal of Accounting and Economics, Elsevier, vol. 70(2).
- Sutherland, Andrew, 2018.
"Does credit reporting lead to a decline in relationship lending? Evidence from information sharing technology,"
Journal of Accounting and Economics, Elsevier, vol. 66(1), pages 123-141.
- Sutherland, Andrew, 2018. "Does Credit Reporting Lead to a Decline in Relationship Lending? Evidence from Information Sharing Technology," MPRA Paper 93670, University Library of Munich, Germany.
- Benetton, Matteo & Fantino, Davide, 2021. "Targeted monetary policy and bank lending behavior," Journal of Financial Economics, Elsevier, vol. 142(1), pages 404-429.
- Dwenger, Nadja & Fossen, Frank M. & Simmler, Martin, 2020. "Firms’ financial and real responses to credit supply shocks: Evidence from firm-bank relationships in Germany," Journal of Financial Intermediation, Elsevier, vol. 41(C).
- Dwenger, Nadja & Fossen, Frank & Simmler, Martin, 2015.
"From financial to real economic crisis. Evidence from individual firm-bank relationships in Germany,"
VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy
113000, Verein für Socialpolitik / German Economic Association.
- Dwenger, Nadja & Fossen, Frank M. & Simmler, Martin, 2015. "From financial to real economic crisis: Evidence from individual firm-bank relationships in Germany," Discussion Papers 2015/28, Free University Berlin, School of Business & Economics.
- Nadja Dwenger & Frank M. Fossen & Martin Simmler, 2015. "From Financial to Real Economic Crisis: Evidence from Individual Firm-Bank Relationships in Germany," Discussion Papers of DIW Berlin 1510, DIW Berlin, German Institute for Economic Research.
- Uchida, Hirofumi & Udell, Gregory F. & Yamori, Nobuyoshi, 2012.
"Loan officers and relationship lending to SMEs,"
Journal of Financial Intermediation, Elsevier, vol. 21(1), pages 97-122.
- Hirofumi Uchida & Gregory F. Udell & Nobuyoshi Yamori, 2008. "Loan officers and relationship lending to SMEs," Working Paper Series 2008-17, Federal Reserve Bank of San Francisco.
- Hirofumi Uchida & Gregory F. Udell & Nobuyoshi Yamori, 2009. "Loan Officers and Relationship Lending to SMEs," Mo.Fi.R. Working Papers 16, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Olivier De Jonghe & Hans Dewachter & Klaas Mulier & Steven Ongena & Glenn Schepens, 2020.
"Some Borrowers Are More Equal than Others: Bank Funding Shocks and Credit Reallocation [A theory of systemic risk and design of prudential bank regulation],"
Review of Finance, European Finance Association, vol. 24(1), pages 1-43.
- Olivier De Jonghe & Hans Dewachter & Klaas Mulier & Steven Ongena & Glenn Schepens, 2018. "Some borrowers are more equal than others: Bank funding shocks and credit reallocation," Working Paper Research 361, National Bank of Belgium.
- Olivier De Jonghe & Hans Dewachter & Klaas Mulier & Steven Ongena & Glenn Schepens, 2019. "Some Borrowers are More Equal than Others: Bank Funding Shocks and Credit Reallocation," Swiss Finance Institute Research Paper Series 19-45, Swiss Finance Institute.
- De Jonghe, Olivier & Dewachter, Hans & Mulier, Klaas & Ongena, Steven & Schepens, Glenn, 2019. "Some borrowers are more equal than others: bank funding shocks and credit reallocation," Working Paper Series 2230, European Central Bank.
- Ferri, Giovanni & Murro, Pierluigi, 2015.
"Do firm–bank ‘odd couples’ exacerbate credit rationing?,"
Journal of Financial Intermediation, Elsevier, vol. 24(2), pages 231-251.
- Giovanni Ferri & Pierluigi Murro & Zeno Rotondi, 2010. "Do Firm-Bank `Odd Couples' Exacerbate Credit Rationing?," SERIES 0031, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Jul 2010.
- Giovanni Ferri & Pierluigi Murro, 2012. "Do Firm-Bank ``Odd Couples'' Exacerbate Credit Rationing?," Working Papers CASMEF 1207, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Boot, Arnoud & Hoffmann, Peter & Laeven, Luc & Ratnovski, Lev, 2021. "Fintech: what’s old, what’s new?," Journal of Financial Stability, Elsevier, vol. 53(C).
- Cerqueiro, Geraldo & Degryse, Hans & Ongena, Steven, 2011.
"Rules versus discretion in loan rate setting,"
Journal of Financial Intermediation, Elsevier, vol. 20(4), pages 503-529, October.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Other publications TiSEM 840de6bc-3ce4-40cd-82df-8, Tilburg University, School of Economics and Management.
- Geraldo CERQUEIRO & Hans DEGRYSE & Steven ONGENA, 2007. "Rules versus discretion in loan rate setting," Working Papers of Department of Economics, Leuven ces0723, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Discussion Paper 2007-59, Tilburg University, Center for Economic Research.
- Geraldo Cerqueiro & Hans Degryse & Steven Ongena, 2007. "Rules versus Discretion in Loan Rate Setting," CESifo Working Paper Series 2091, CESifo.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Discussion Paper 2007-026, Tilburg University, Tilburg Law and Economic Center.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Other publications TiSEM 64250647-2852-4abe-9566-a, Tilburg University, School of Economics and Management.
- Cerqueiro, Geraldo & Degryse, Hans & Ongena, Steven, 2007. "Rules versus Discretion in Loan Rate Setting," CEPR Discussion Papers 6450, C.E.P.R. Discussion Papers.
- Kano, Masaji & Uchida, Hirofumi & Udell, Gregory F. & Watanabe, Wako, 2011.
"Information verifiability, bank organization, bank competition and bank-borrower relationships,"
Journal of Banking & Finance, Elsevier, vol. 35(4), pages 935-954, April.
- Masaji Kano & Hirofumi Uchida & Gregory F. Udell & Wako Watanabe, 2006. "Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships," Discussion papers 06003, Research Institute of Economy, Trade and Industry (RIETI).
- Leila Aghabarari & Andre Guettler & Mahvish Naeem & Bernardus Van Doornik, 2021.
"Is there help indeed, if there is help in need? The case of credit unions during the global financial crisis,"
Economic Inquiry, Western Economic Association International, vol. 59(3), pages 1215-1233, July.
- Leila Aghabarari & Andre Guettler & Mahvish Naeem & Bernardus Van Doornik, 2020. "Is There Help Indeed, if There is Help in Need? The case of credit unions during the global financial crisis," Working Papers Series 511, Central Bank of Brazil, Research Department.
- Thorsten Beck & Samuel Da-Rocha-Lopes & André F Silva & Francesca Cornelli, 2021.
"Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins [High wage workers and high wage firms],"
Review of Financial Studies, Society for Financial Studies, vol. 34(4), pages 1747-1788.
- Beck, Thorsten & Da-Rocha-Lopes, Samuel & Silva, Andre, 2017. "Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins," CEPR Discussion Papers 12058, C.E.P.R. Discussion Papers.
- Nadja Dwenger & Frank M Fossen & Martin Simmler, 2015. "From financial to real economic crisis: evidence from individual firm¨Cbank relationships in Germany," Working Papers 1516, Oxford University Centre for Business Taxation.
- Botsch, Matthew & Vanasco, Victoria, 2019. "Learning by lending," Journal of Financial Intermediation, Elsevier, vol. 37(C), pages 1-14.
More about this item
Keywords
banking; export finance; specialization;All these keywords.
JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2017-08-06 (Banking)
- NEP-BEC-2017-08-06 (Business Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cep:cepdps:dp1492. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://cep.lse.ac.uk/_new/publications/discussion-papers/ .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (email available below). General contact details of provider: https://cep.lse.ac.uk/_new/publications/discussion-papers/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.