NOV 2017

10:30 - 12:00
IWH Research Seminar

Common Lenders and Product Market Competition

This paper explores how bank concentration affects product market competition of non-financial firms. We argue, and provide evidence, that sharing common lenders lowers the cost of debt financing. This is because common lenders internalize potential adverse effects of higher loan rates on the product market behavior of their borrowers’ competitors.

Farzad Saidi  (Stockholm School of Economics)
IWH conference room
Farzad Saidi

Personal details

Farzad Saidi is an Assistant Professor of Finance at Stockholm School of Economics. His research fields are Banking and Financial Intermediation, MonetaryPolicy and Corporate Finance.

Whom to contact

Mitglied der Leibniz-Gemeinschaft LogoTotal-Equality-LogoSupported by the BMWK