Switching costs and relationship profits in bank lending

Journal of Banking and Finance

Volumn 31, Issue 2, 2007, Pages 477-493

  Vesala, Timo ^a  

^a UNIVERSITY OF HELSINKI   (Finland)

Author keywords

Banking competition; Relationship lending; Switching costs

Indexed keywords

EID: 33846561578     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2006.07.010     Document Type: Article

References (16)

1. Boot A.W., and Thakor A.V. Can relationship banking survive competition?. Journal of Finance 55 (2000) 679-713
2. Broecker T. Credit-worthiness test and interbank competition. Econometrica 58 (1990) 429-452
3. Cao M., and Shi S. Screening, bidding, and the loan market tightness. European Finance Review 5 (2001) 21-61
4. Cole R.A. The importance of relationships to the availability of credit. Journal of Banking and Finance 22 (1998) 959-977
5. Dell'Ariccia G., and Marquez R. Information and bank credit allocation. Journal of Financial Economics 72 (2004) 185-214
6. Elsas R. Empirical determinants of relationship lending. Journal of Financial Intermediation 14 (2005) 32-57
7. Greenbaum S.I., Kanatas G., and Venezia I. Equilibrium loan pricing under the bank-client relationship. Journal of Banking and Finance 13 (1989) 221-235
8. Hauswald R., and Marquez R. Competition and strategic information acquisition in credit markets. Review of Financial Studies 19 (2006) 967-1000
9. Kim M., Kliger D., and Vale B. Estimating switching costs: The case of banking. Journal of Financial Intermediation 12 (2003) 25-56
10. Krishna V. Auction Theory (2002), Academic Press, San Diego, CA
11. Nakamura, L., Loan screening within and outside of customer relationships. Federal Reserve Bank of Philadelphia, Wp 93-15.
12. Petersen M.A., and Rajan R. The effects of credit market competition on lending relationships. Quarterly Journal of Economics 110 (1995) 407-443
13. Riordan M. Competition and bank performance. In: Mayer C., and Vives X. (Eds). Capital Markets and Financial Intermediation (1993), Cambridge University Press, Cambridge UK 328-343
14. Sharpe S.A. Asymmetric information, bank lending and implicit contracts: A stylized model of customer relationships. Journal of Finance 45 (1990) 1069-1087
15. Villas-Boas J.M., and Schmidt-Mohr U. Oligopoly with asymmetric information: Differentiation in credit markets. RAND Journal of Economics 30 (1999) 375-396
16. von Thadden E.-L. Asymmetric information, bank lending and implicit contracts: The winner's curse. Finance Research Letters 1 (2004)