000107321 001__ 107321
000107321 005__ 20220426091145.0
000107321 0247_ $$2doi$$a10.1016/j.econlet.2020.109524
000107321 0248_ $$2sideral$$a120259
000107321 037__ $$aART-2020-120259
000107321 041__ $$aeng
000107321 100__ $$aMartín-Oliver, Alfredo
000107321 245__ $$aHow does bank competition affect credit risk? Evidence from loan-level data
000107321 260__ $$c2020
000107321 5060_ $$aAccess copy available to the general public$$fUnrestricted
000107321 5203_ $$aThis paper studies how loan credit risk depends on competition in the banking sector. We estimate an empirical model of credit risk using data from the Spanish Credit Register on individual loans to non-financial firms in 1992–2007. Our results show that credit risk decreases with the level of competition in the credit market, and they are consistent with the prediction from the moral hazard view on the determinants of credit risk. We also find that the probability of loan default varies with characteristics of the bank, the local market and macro variables.
000107321 536__ $$9info:eu-repo/grantAgreement/ES/MINECO/ECO2017-86903-P
000107321 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc-nd$$uhttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
000107321 590__ $$a2.097$$b2020
000107321 591__ $$aECONOMICS$$b171 / 376 = 0.455$$c2020$$dQ2$$eT2
000107321 592__ $$a0.843$$b2020
000107321 593__ $$aFinance$$c2020$$dQ1
000107321 593__ $$aEconomics and Econometrics$$c2020$$dQ1
000107321 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000107321 700__ $$aRuano, Sonia
000107321 700__ $$0(orcid)0000-0001-8405-1056$$aSalas-Fumás, Vicente$$uUniversidad de Zaragoza
000107321 7102_ $$14012$$2650$$aUniversidad de Zaragoza$$bDpto. Direcc.Organiza.Empresas$$cÁrea Organización de Empresas
000107321 773__ $$g196, 109524 (2020), [4 pp]$$pEcon. lett.$$tECONOMICS LETTERS$$x0165-1765
000107321 8564_ $$s256475$$uhttps://zaguan.unizar.es/record/107321/files/texto_completo.pdf$$yPostprint
000107321 8564_ $$s924769$$uhttps://zaguan.unizar.es/record/107321/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint
000107321 909CO $$ooai:zaguan.unizar.es:107321$$particulos$$pdriver
000107321 951__ $$a2022-04-26-08:59:47
000107321 980__ $$aARTICLE