Local and Global Agglomeration Patterns in the Banking Sector: The Calm in the Mid of a Storm
In: Bank of Italy Occasional Paper No. 610
10 Ergebnisse
Sortierung:
In: Bank of Italy Occasional Paper No. 610
SSRN
In: Regional Science and Urban Economics, Band 41, Heft 3
SSRN
In: Bank of Italy Occasional Paper No. 438
SSRN
Working paper
In: Bank of Italy Occasional Paper No. 637
SSRN
In: Bank of Italy Occasional Paper No. 543
SSRN
Working paper
In: Journal of Regional Science, Band 58, Heft 5, S. 949-979
SSRN
In: Economic notes, Band 46, Heft 2, S. 207-236
ISSN: 1468-0300
Using a dataset that combines bank organizational variables, information on firms' credit demand and balance sheet indicators, we investigate the impact of lending organization on credit dynamics during the 2008–2009 crisis period. Our main findings suggest that the variables shaping the organization of a bank in its lending to non‐financial firms have a complex impact on its ability to expand credit. Banks that made substantial use of credit scoring techniques actually reduced their credit expansion during the economic downturn. At the same time, banks that delegated more power to their branch managers were likely to expand loans at a higher rate. Finally, contrary to the evidence from the pre‐crisis period, we find that longer branch manager tenure in the same branch is detrimental to the credit growth rate. These findings are robust to a wide set of robustness checks.
In: Bank of Italy Temi di Discussione Working Paper No. 850
SSRN
Working paper
In: Economic Notes, Band 46, Heft 2, S. 207-236
SSRN
In: Bank of Italy Occasional Paper No. 682
SSRN