Loan Syndication and Credit Cycles

By Victoria Ivashina, D. Scharfstein. 2010

160 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/e71424b4e940786239166301731ca83a61aabc6d

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Citations in the corpus

Endogenous Liquidity and the Business Cycle (2015, background): “This supports the view in Justiniano et al. [2010b] that financial factors are responsible for this co-movement.”
Bank relationships, business cycles, and financial crises (2011, background): “Ivashina & Scharfstein (2010) demonstrated for the sample of U.S. syndicated loans to corporations that the number of lenders in a given syndicate decline during the global financial crisis.”
An Analysis of the Impact of 'Substantially Heightened' Capital Requirements on Large Financial Institutions (2010, background): “The overall result was a large, pro-cyclical reduction in the supply of corporate credit (Ivashina and Scharfstein 2010a, 2010b).”
Securitization Without Adverse Selection: The Case of Clos (2012, unknown): “For example, Ivashina and Scharfstein (2010) show that lead share fell dramatically during the 2004-2007 credit expansion.”
Liquidity Risk Management and Credit Supply in the Financial Crisis (2011, unknown): “Figure 1 illustrates the time series of new loan originations to large businesses from Loan Pricing Corporation's Dealscan database from 2000 to the end of 2008 (see Ivashina and Scharfstein (2010) for an analysis of syndicated loan originations).”
The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises (2012, methodology): “If during a downturn the share of the loan retained by the lead bank increases, as the findings of Ivashina and Scharfstein (2010b) for the US suggest, then we could observe that the lead bank originates less credit in terms of overall lending volume, while the amount of loans that the lead bank…”
The Euro and the Geography of International Debt Flows (2014, methodology): “As Ivashina and Scharfstein (2010) stress, composition of loan syndicates can change during the life of a loan.”