Browsing Rede de Pesquisa e Conhecimento Aplicado by Author "Norden, Lars"

Now showing items 1-9 of 9

    • Cyclicality of SME lending and government involvement in banks 

      Behr, Patrick Gottfried; Foos, Daniel; Norden, Lars
      2015
      Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects on financial stability and the real economy. We investigate the cyclicality of SME lending by local ...

    • Cyclicality of SME Lending and Government Involvement in Banks 

      Behr, Patrick Gottfried; Foos, Daniel; Norden, Lars
      2015-11-06
      Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects on financial stability and the real economy. We investigate the cyclicality of SME lending by local ...

    • Got information? The efficiency of price discovery of quantitative corporate disclosures 

      Norden, Lars
      2017

    • Informational synergies in consumer credit 

      Hibbeln, Martin; Norden, Lars; Usselmann, Piet; Gürtler, Marc
      2015-12-17
      Lenders can tap into multiple sources of private information to assess consumer credit risk but little is known about the informational synergies between these sources. Using unique panel data on checking accounts and ...

    • Informational synergies in consumer credit 

      Hibbeln, Martin; Norden, Lars; Usselmann, Piet; Gürtler, Marc
      2017

    • The real effects of bank-firm relationships 

      Behr, Patrick Gottfried; Norden, Lars; Oliveira, Raquel de Freitas
      2018-10-31
      We investigate whether and how bank relationships affect real economic activity. We base our analysis on matched credit and labor data from Brazilian firms during 2005-2014. We document that firms with more bank relationships ...

    • Substitution effects in private debt: evidence from SMEs 

      Muñoz, Manuel Illueca; Norden, Lars; Kampen, Stefan van
      2016
      The external finance of small- and medium-sized enterprises (SMEs) is limited to private debt such as bank credit and trade credit. SMEs generally prefer bank credit over trade credit because the former tends to be less ...

    • Substitution effects in SME finance 

      Norden, Lars; Kampen, Stefan van; Illueca, Manuel
      2018-03-20
      We investigate whether SMEs with demand for credit increase their trade credit usage after they experience a negative shock to bank credit. We base our analysis on a large sample of SMEs from the five biggest European ...

    • Why banks want to be complex 

      Liu, Frank Hong; Norden, Lars; Spargoli, Fabrizio
      2015
      We investigate whether and how bank complexity affects performance and systemic risk. We base the analysis on a complexity measure that captures diversification and diversity, controlling for size and other bank characteristics. ...