The Home Bias and the Credit Crunch: A Regional Perspective

Material TypeArticleLanguageEnglish
TitleThe Home Bias and the Credit Crunch: A Regional Perspective Author(S)ANDREA F. PRESBITERO (Author)
Abstract  Using detailed data on loan applications and decisions for a large sample of manufacturing firms in Italy during the recent financial crisis, we find that the credit crunch has been harsher in provinces with a large share of branches owned by distantly managed banks. Inconsistent with a flight to quality we do not find evidence that economically weaker firms suffered more during the crisis. ...Paginationp 53–85
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Money, Credit, and Banking  
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