Endogenous Product Differentiation in Credit Markets: What do Borrowers Pay for?

By Moshe Kim, Eirik G. Kristiansen, Bent Vale. 2005

119 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/97c8847ad7a65025917a86947c16adc912ae6b0a

Citations in the corpus

• How Does Capital Affect Bank Performance During Financial Crises (2013, unknown): “The empirical evidence suggests that higher-capital banks are able to compete more effectively for deposits and loans (e.g., Calomiris and Powell, 2001; Calomiris and Mason, 2003; Calomiris and Wilson, 2004; Kim, Kristiansen, and Vale, 2005), providing some support.”
• Does bank competition reduce cost of credit? Cross-country evidence from Europe (2017, unknown): “In contrast, several single-country studies (Sapienza, 2002, for Italy; Kim, Kristiansen, and Vale, 2005, for Norway; and Degryse and Ongena, 2005, for Belgium) provide evidence that supports the market power hypothesis, i.e. they find a positive influence of bank concentration on loan rates.”
• Creditor Concentration: An Empirical Investigation (2012, unknown): “And Ongena and Smith (2000), analyzing bank relationships in 20 European countries, show that only less than fifteen percent of the firms borrow from a single bank and that the average number of bank relationships is greater than five.”