Credit Supply, Flight to Quality and Evergreening: An Analysis of Bank-Firm Relationships after Lehman

By Ugo Albertazzi, D. Marchetti. 2010

263 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/28940b0662b4a610a32d00cd6f488893deb76cb9

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Citations in the corpus

The Effects of Bank Capital on Lending: What Do We Know, and What Does It Mean? (2012, methodology): “Another group of papers use firm and bank loan-level data; these include Jiménez, Ongena, and Peydró (2010), who use Spanish data, and Albertazzi and Marchetti (2010), who use data on Italy.”
Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation* (2019, unknown): “…banks was reduced in Italy during both the 2007–08 global financial crisis as well as the more recent euro area sovereign debt crisis (e.g., Albertazzi and Marchetti, 2010; Bolton et al., 2016; Cingano, Manaresi, and Sette, 2016; Balduzzi, Brancati, and Schiantarelli, 2017; Bofondi,…”
Relationship and Transaction Lending in a Crisis (2013, unknown): “These results are consistent with other empirical ndings for Italy (see, amongst others, Albertazzi and Marchetti (2010) and Gobbi and Sette (2012)).”
Did the EBA Capital Exercise Cause a Credit Crunch in the Euro Area (2014, unknown): “…recent examples, with varied methodological approaches and varied degree of granularity of the data used, are Aiyar, Calomiris, and Wieladek (2014), Albertazzi and Marchetti (2010), Basset and Covas (2012), Berrospide and Edge (2010), Bridges et al. (2014), Brun, Fraisse, and Thesmar (2014),…”
The Impact of Capital Requirements on Bank Lending (2014, methodology): “Table A2 shows the full set of coefficient estimates for our main specifications described in equations (2) and (3).”
Do Interbank Customer Relationships Exist? And How Did They Function in the Crisis? Learning from Italy (2012, unknown): “24 Another way of taking account of securitized loans was to add them to the other loans (the same methodology is used in Albertazzi and Marchetti 2010 and De Mitri et al., 2010) in two of my regressors: Bad Loans and Total Loans.”
Loan Supply Shocks and the Business Cycle (2017, unknown): “…shocks, sovereign debt shocks etc.), via specific channels such as the bank lending channel or the bank capital channel (Ivashina and Scharfstein, 2010, Albertazzi and Marchetti, 2010, Gambacorta and Marques-Ibanez, 2011, Jimenez, Ongena, Peydró and Saurina, 2012, de Santis and Surico, 2013).”
Trade Credit, the Financial Crisis, and SME Access to Finance (2013, unknown): “Another approach has been to use firm fixed effects in countries where multiple banking relationships are common in the SME sector (e.g., Albertazzi and Marchetti 2010, Iyer et al. 2010, Jimenez, et al. 2012).”
Monetary policy and bank lending in a low interest rate environment: Diminishing effectiveness? (2017, background): “Albertazzi, U and D Marchetti (2010): “Credit supply, flight to quality and evergreening: an analysis of bank-firm relationships after Lehman”, Bank of Italy, Temi di discussione, no 756.”
Real Effects of the Sovereign Debt Crisis in Europe: Evidence from Syndicated Loans (2018, unknown): “Albertazzi and Marchetti (2010) document a contraction of credit supply for banks with a weak capitalization after Lehman’s collapse and a rebalancing of lending to less risky borrower.”