Geraldo Cerqueiro
| Date of Ph.D. defense: | 31 August 2009 |
| Title of thesis: | Information Asymmetries Banking Markets, and Small Business Lending |
| ISBN: | 978 90 5668 238 5 |
| Promotores: | Prof.dr. H.A. Degryse and Prof.dr. S.R.G. Ongena |
Abstract:
This thesis investigates the role of credit market imperfections in determining firms' borrowing incentives, firms' access to credit, and loan contract terms. The first chapter reviews the literature on the effects of both a bank's organizational structure and distance on lending decisions. The second chapter proposes a novel empirical methodology to identify the extent of discretion in the pricing of small business loans. The third chapter investigates the role of bank concentration in the credit market. The fourth chapter analyzes the effects of debtor legal protection on the credit market.
Global / English