Lending cuts by banks directly affect the firms borrowing from them, but also indirectly
depress economic activity in the regions in which they operate. This paper moves beyond …

We study whether the solvency problems of Spain's weakest banks in the Great Recession
have caused employment losses outside the financial sector. Our analysis focuses on the …

We study the impact of exogenous funding shocks to German savings banks during the US
subprime mortgage crisis on the labor decisions of 30,000+ private and public firms in …

We analyze the heterogeneous employment effects of financial shocks using a rich data set
of job contracts, matched with the universe of firms and their lending banks in one Italian …

In this article, we review the rapidly growing literature on the real effects of banks' corporate
credit supply. We cover recent methodological advances and provide an in‐depth survey of …

Purpose This paper aims to review the literature extensively by analysing recent work and
providing a guide for models, data sets and research findings. Design/methodology …

We study the distributional consequences of monetary policy-induced credit supply in the
German labor market. Firms in relationships with banks that are more exposed to the …

We establish that the labor market helps discipline asset managers via the impact of fund
liquidations on their careers. Using hand-collected data on 1,948 professionals, we find that …

This paper studies the effect of bank credit supply shocks on formal employment in Mexico
using a proprietary dataset containing information on all loans extended to firms by …

Using a newly constructed historical dataset on the Pennsylvania state banking system,
detailing the amounts of “due-froms” on a debtor bank-by-debtor bank basis, we investigate …