Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985

By Marianne Bertrand, Antoinette Schoar, David Thesmar. 2007

506 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/f8e9db37c6fb44082bd9194e9e7c3e44488a9fc5

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Citations in the corpus

How Does Credit Supply Expansion Affect the Real Economy? The Productive Capacity and Household Demand Channels (2020, unknown): “…three to four year increases in private 33Examples of studies that support the role of the productive capacity channel following banking deregulation and other credit supply expansions include Jayaratne and Strahan (1996), Bai et al. (2016), Bertrand et al. (2007), and Larrain and Stumpner (2017).”
Leverage and investment under a state-owned bank lending environment : evidence from China (2008, background): “Bertrand et al. (2007), on the other hand, show that state-controlled French banks tend to provide subsidized loans to bail out poorly performing firms.”
Entrepreneurship, Firm Entry, and the Taxation of Corporate Income: Evidence from Europe (2011, unknown): “…variables borrowed by the political economy literature (see Pagano and Volpin 1See Aghion et al. (2009), Alesina et al. (2005), Bertrand and Kramarz (2002), Bertrand, Schoar, and Thesmar (2007), Giannetti and Ongena (2009), Griffith, Harrison and Macartney (2007), Nicoletti and Scarpetta (2003).”
Finance and Employment (2012, unknown): “Braun and Larrain (2005) find that the more financially dependent industries are hit harder in recessions but that this effect is less severe in countries with high accounting standards and in industries with more tangible assets, which suggests that financial development does improve the resilience”
Credit Supply and Corporate Innovation (2013, background): “Our identification strategy exploits the staggered passage of interstate banking deregulation, which represented a positive shock to the geographic spread of US banking institutions.”
Trade Credit and Industry Dynamics: Evidence from Trucking Firms: Trade Credit and Industry Dynamics (2015, unknown): “This source is an extended version of the dataset used in various studies, including Bertrand, Schoar, and Thesmar (2007).”
Entrepreneurial finance, credit cards, and race☆ (2012, background): “…has recently focused on the relation between bank deregulation and entrepreneurship (Black and Strahan, 2002; Cetorelli and Strahan, 2006; Bertrand, Schoar, and Thesmar, 2007; Huang, 2008; Kerr and Nanda, 2009) and shows that the removal of financial constraints increases entrepreneurial…”
Zombie Credit and (Dis-)Inflation: Evidence from Europe (2020, background): “7 Most related to our work, Bertrand et al. (2007) analyze a French banking deregulation in the 80s, which curbed subsidized lending that created implicit entry and exit barriers. They find that, once banks cut back on “(cheap) credit to poorly performing firms” entry and exit rates rose, improving ”
A Survey Of Recent Developments In The Literature Of Finance And Growth (2008, unknown): “…in using micro level data to gain more insight into the relationship between financial development and economic growth beyond country-level (see Wurgler, 2000; Cetorelli and Gambera, 2001; Demirguc-Kunt and Maksimovic, 2002; Fisman and Love, 2003; Bertrand et al., 2004; Allen et al., 2005).”
A Darker Side to Decentralized Banks: Market Power and Credit Rationing in SME Lending (2012, unknown): “[7] Bertrand, M.”