Better the devil you know: Home and sectoral biases in bank lending

Burietz, Aurore; Ureche-Rangau, Loredana

Type de document :

Compte-rendu et recension critique d'ouvrage

DOI :

10.1016/j.inteco.2020.08.004

Titre :

Better the devil you know: Home and sectoral biases in bank lending

Auteur(s) :

Burietz, Aurore [Auteur]
Lille économie management - UMR 9221 [LEM]
Ureche-Rangau, Loredana [Auteur]
Centre de Recherche sur les Institutions, l'Industrie et les Systèmes Économiques d'Amiens - UR UPJV 3908 [CRIISEA]

Titre de la revue :

International Economics

Pagination :

69-85

Éditeur :

Elsevier

Date de publication :

2020-12

ISSN :

2110-7017

Mot(s)-clé(s) en anglais :

Credit supply
Biases
Syndicated loan market

Discipline(s) HAL :

Sciences de l'Homme et Société/Gestion et management

Résumé en anglais : [en]

This paper empirically investigates banks’ lending and the extent to which they are influenced by specific preferences in terms of geographical location and industry. We study whether banks develop a field of expertise and ...
Lire la suite >This paper empirically investigates banks’ lending and the extent to which they are influenced by specific preferences in terms of geographical location and industry. We study whether banks develop a field of expertise and focus on it, or whether they prefer to grant loans quite evenly among countries and industries. We manually built an original database of syndicated loans for banks in the four major banking systems in the eurozone, to estimate the determinants of loans’ amounts between 2005 and 2013. Our findings highlight a domestic bias and a sectoral bias with banks lending larger amounts to their domestic borrowers and to industries they are more familiar with.Lire moins >

Langue :

Anglais

Vulgarisation :

Non

Collections :