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Interbank Liquidity Crunch and the Firm Credit Crunch: Evidence from the 2007–2009 Crisis
16 references·16 citing·31 second hopsampled
Interbank Liquidity Crunch and the Firm Credit Crunch: Evidence from the 2007–2009 Crisis (2013)Interbank Liquidity Crunch and the Firm C…Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression (2024)Nonmonetary Effects of the Fi…Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking? (2014)Hazardous Times for Monetary …Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications (2012)Credit Supply and Monetary Po…Financial Stability Review (2011)Financial Stability ReviewBank lending during the financial crisis of 2008 (2009)Bank lending during the finan…Zombie Lending and Depressed Restructuring in Japan (2008)Zombie Lending and Depressed …Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Tracing the Impact of Bank Li…The Theory of Corporate Finance (2006)The Theory of Corporate Finan…The Real Effect of Banking Crises (2005)The Real Effect of Banking Cr…Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All? (2004)Coordination Failures and the…What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)What Do a Million Observation…Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States (2000)Collateral Damage: Effects of…Microeconomics of Banking (1997)Microeconomics of BankingThe Financial Accelerator and the Flight to Quality (1996)The Financial Accelerator and…The Credit Crunch (1991)The Credit CrunchNon-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Non-Monetary Effects of the F…Trust, social capital, and the bond market benefits of ESG performance (2022)Trust, social capital, and th…Small firms and the COVID-19 insolvency gap (2021)Small firms and the COVID-19 …Credit Misallocation During the European Financial Crisis (2021)Credit Misallocation During t…Banks’ exposure to interest rate risk and the transmission of monetary policy (2020)Banks’ exposure to interest r…The Real Effects of Bank Capital Requirements (2019)The Real Effects of Bank Capi…Identifying credit supply shocks with bank-firm data: Methods and applications (2019)Identifying credit supply sho…The Real Effects of Disrupted Credit: Evidence from the Global Financial Crisis (2018)The Real Effects of Disrupted…Monetary policy and bank profitability in a low interest rate environment (2018)Monetary policy and bank prof…Banks, government Bonds, and Default: What do the data Say? (2018)Banks, government Bonds, and …When arm's length is too far: Relationship banking over the credit cycle (2017)When arm's length is too far:…Small Bank Comparative Advantages in Alleviating Financial Constraints and Providing Liquidity Insurance over Time (2017)Small Bank Comparative Advant…Does Credit Crunch Investment Down? New Evidence on the Real Effects of the Bank-Lending Channel (2016)Does Credit Crunch Investment…Procyclical Capital Regulation and Lending (2015)Procyclical Capital Regulatio…Did the securitization market freeze affect bank lending during the financial crisis? Evidence from a credit register (2015)Did the securitization market…The Real Effects of the Bank Lending Channel (2014)The Real Effects of the Bank …RELATIONSHIP LENDING DURING A FINANCIAL CRISIS (2014)RELATIONSHIP LENDING DURING A…Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Finance and Growth: Schumpeter Might Be Right (1993)Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure (2002)Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans (2007)The Debt-Deflation Theory of Great Depressions (1933)Money and Capital in Economic Development. (1974)Credit Rationing in Markets with Imperfect Information (1981)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Agency Costs, Net Worth, And Business Fluctuations (1988)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)The federal funds rate and the channels of monetary transmission (1989)Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)Liquidity and leverage (2008)Financial Intermediation and Delegated Monitoring (1984)The Deposits Channel of Monetary Policy* (2017)Whatever It Takes: The Real Effects of Unconventional Monetary Policy (2017)Bank Runs, Deposit Insurance, and Liquidity (1983)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Renegotiation of financial contracts: Evidence from private credit agreements (2009)Securitized banking and the run on repo (2011)Demand–Deposit Contracts and the Probability of Bank Runs (2005)Distance, Lending Relationships, and Competition (2005)The role of capital in financial institutions (1995)The financial cycle and macroeconomics: What have we learnt? (2013)The Causes and Costs of Misallocation (2017)Bank governance, regulation and risk taking (2008)
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References

  • 2009Bank lending during the financial crisis of 20082,777 cited
  • 2000What Do a Million Observations on Banks Say About the Transmission of Monetary Policy?2,505 cited
  • 1996The Financial Accelerator and the Flight to Quality2,351 cited
  • 1983Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression2,173 cited
  • 2008Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market1,850 cited
  • 2024Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression1,701 cited
  • 1997Microeconomics of Banking1,623 cited
  • 2008Zombie Lending and Depressed Restructuring in Japan1,552 cited
  • 1991The Credit Crunch1,340 cited
  • 2014Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking?1,328 cited
  • 2006The Theory of Corporate Finance1,293 cited
  • 2000Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States1,189 cited
  • 2011Financial Stability Review1,137 cited
  • 2012Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications1,076 cited
  • 2004Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All?

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818 cited
  • 2005The Real Effect of Banking Crises774 cited
  • Cited by

    • 2017When arm's length is too far: Relationship banking over the credit cycle377 cited
    • 2016Does Credit Crunch Investment Down? New Evidence on the Real Effects of the Bank-Lending Channel312 cited
    • 2019Identifying credit supply shocks with bank-firm data: Methods and applications274 cited
    • 2015Procyclical Capital Regulation and Lending234 cited
    • 2018Monetary policy and bank profitability in a low interest rate environment222 cited
    • 2022Trust, social capital, and the bond market benefits of ESG performance220 cited
    • 2017Small Bank Comparative Advantages in Alleviating Financial Constraints and Providing Liquidity Insurance over Time215 cited
    • 2015Did the securitization market freeze affect bank lending during the financial crisis? Evidence from a credit register200 cited
    • 2021Credit Misallocation During the European Financial Crisis199 cited
    • 2018Banks, government Bonds, and Default: What do the data Say?186 cited
    • 2019The Real Effects of Bank Capital Requirements185 cited
    • 2018The Real Effects of Disrupted Credit: Evidence from the Global Financial Crisis179 cited
    • 2021Small firms and the COVID-19 insolvency gap171 cited
    • 2014RELATIONSHIP LENDING DURING A FINANCIAL CRISIS168 cited
    • 2020Banks’ exposure to interest rate risk and the transmission of monetary policy158 cited
    • 2014The Real Effects of the Bank Lending Channel157 cited