“...This paper estimates the impact of credit rationing on firms' export. We use detailed survey data from Italian manufacturing firms that provide a firm-specific...”

“...This paper studies how the process of reallocation of credit across firms behaves before and after financial crises. Applying the methodology typically used...”

“...Abstract This article introduces corporate governance frictions into a growth model with endogenous market structure. Managers engage in corporate resource...”

“...The Kiyotaki and Wright model has exerted a considerable influence on the monetary search literature. We argue that the model also delivers important insights...”

“...This paper studies the role of different types of credit institutions in income inequality. By analyzing Italian local (provincial) credit markets over the...”

“...When firms borrow from multiple concentrated creditors such as banks they appear to differentiate their allocation of borrowing. In this paper, we put forward...”

“...We construct an economy where a two way interaction between bank capital and project quality propagates negative shocks to technology or regulation. By...”

“...In emerging countries, credit market liberalization is often motivated with the financial deepening generated by the entry of foreign financial institutions...”

“...In emerging economies, institutional and regulatory constraints can distort loan contracting and, hence, the incentives of lenders and borrowers. Studying the...”

“...This paper studies an economy in which firms can operate either a mature or a new technology and lenders acquire information on the productive assets of the...”