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100 1 a| Uchida, Hirofumi.=| ^A1270931;

245 10 a| Bank size and lending relationships in japanh| [electronic resource] /c| Hirofumi Uchida, Gregory F.Udell, Wako Watanabe.;

260 a| Cambridge, MA :b| National Bureau of Economic Research,;

490 1 a| NBER working paper series ;v| working paper 13005;

500 a| Title from PDF file as viewed on 4/20/2007.;

504 a| Includes bibliographical references.;

506 a| Available only to authorized users.;

520 3 a| "Current theoretical and empirical research suggests that small banks have a comparative advantage in processing soft information and delivering relationship lending. The most comprehensive analysis of this view found using U.S. data that smaller SMEs borrow from smaller banks and smaller banks have stronger relationships with their borrowers (Berger, Miller, Petersen, Rajan, and Stein 2005) (BMPRS). We employ essentially the same methodology as BMPRS on a unique Japanese data set and obtained findings that are quite interesting from an international comparison point of view. We found like BMPRS that larger firms tend to borrow from larger banks. However, unlike BMPRS we did not find that this was because larger firms are more transparent. Together these results imply that large banks do not necessarily have a comparative advantage in extending transactions-based lending. We also found like BMPRS that smaller banks have strong relationships with their borrowers. However, we find that banking relationships in the U.S. and Japan are strong in somewhat different dimensions. Our paper clarifies these and other interesting similarities and differences between the U.S. and Japan"--National Bureau of Economic Research web site.;

530 a| Also available in print.;

538 a| Mode of access: World Wide Web;

655 0 a| Electronic books.=| ^A491897;

700 1 a| Udell,Gregory F.?| UNAUTHORIZED;

700 1 a| Watanabe, Wako.?| UNAUTHORIZED;

710 2 a| National Bureau of Economic Research.=| ^A186;

830 0 a| Working paper series (National Bureau of Economic Research : Online) ;v| working paper no. 13005.?| UNAUTHORIZED;

856 40 z| Full text available from NBER Working Papersu| https://go.openathens.net/redirector/ecu.edu?url=https%3A%2F%2Fdx.doi.org%2F10.3386%2Fw13005;

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Bank size and lending relationships in japan / Hirofumi Uchida, Gregory F.Udell, Wako Watanabe.

Author/creator	Uchida, Hirofumi
Other author	Udell,Gregory F.
Other author	Watanabe, Wako.
Other author	National Bureau of Economic Research.
Format	Electronic
Publication Info	Cambridge, MA : National Bureau of Economic Research,
Supplemental Content	Full text available from NBER Working Papers

Series	NBER working paper series ; working paper 13005 Working paper series (National Bureau of Economic Research : Online) ; working paper no. 13005. UNAUTHORIZED
Summary	"Current theoretical and empirical research suggests that small banks have a comparative advantage in processing soft information and delivering relationship lending. The most comprehensive analysis of this view found using U.S. data that smaller SMEs borrow from smaller banks and smaller banks have stronger relationships with their borrowers (Berger, Miller, Petersen, Rajan, and Stein 2005) (BMPRS). We employ essentially the same methodology as BMPRS on a unique Japanese data set and obtained findings that are quite interesting from an international comparison point of view. We found like BMPRS that larger firms tend to borrow from larger banks. However, unlike BMPRS we did not find that this was because larger firms are more transparent. Together these results imply that large banks do not necessarily have a comparative advantage in extending transactions-based lending. We also found like BMPRS that smaller banks have strong relationships with their borrowers. However, we find that banking relationships in the U.S. and Japan are strong in somewhat different dimensions. Our paper clarifies these and other interesting similarities and differences between the U.S. and Japan"--National Bureau of Economic Research web site.
General note	Title from PDF file as viewed on 4/20/2007.
Bibliography note	Includes bibliographical references.
Access restriction	Available only to authorized users.
Other forms	Also available in print.
Technical details	Mode of access: World Wide Web
Genre/form	Electronic books.
LCCN	2007615093

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Bank size and lending relationships in japan / Hirofumi Uchida, Gregory F.Udell, Wako Watanabe.

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