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• W2065972025 endingPage "560" @default.
• W2065972025 startingPage "527" @default.
• W2065972025 abstract "We investigate whether the extent to which firms concentrate their borrowing from banks mitigates the credit contraction that followed the default of Lehman. Using micro data from a large sample of Italian firms, we show that firms borrowing from fewer banks and those with more concentrated borrowing suffer on average a smaller contraction in bank credit and have a lower probability of being credit-rationed. The results hold controlling for several firm-level characteristics and for the possible endogeneity of the measures of concentration of borrowing." @default.
• W2065972025 created "2016-06-24" @default.
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• W2065972025 creator A5052038278 @default.
• W2065972025 date "2013-06-04" @default.
• W2065972025 modified "2023-10-10" @default.
• W2065972025 title "Do Firms Benefit from Concentrating their Borrowing? Evidence from the Great Recession*" @default.
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• W2065972025 doi "https://doi.org/10.1093/rof/rft017" @default.
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