Browsing Norges Banks vitenarkiv by Author "Grigaitė, Kristina"
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Estimating firms’ bank-switching costs
Liaudinskas, Karolis; Grigaitė, Kristina (Working Paper;4/2021, Working paper, 2021)We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms’ bank-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank’s closure ...