Details about Lars Norden

Access statistics for papers by Lars Norden.

Last updated 2025-01-30. Update your information in the RePEc Author Service.

Short-id: pno302

Working Papers

2024

1. Nonstandard Errors
   Post-Print, HAL
2. Pre-Publication Revisions of Bank Financial Statements: a novel way to monitor banks?
   Working Papers Series, Central Bank of Brazil, Research Department View citations (1)
   Also in BIS Working Papers, Bank for International Settlements (2024)
   See also Journal Article Pre-publication revisions of bank financial statements: A novel way to monitor banks?, Journal of Financial Intermediation, Elsevier (2024) View citations (1) (2024)

2021

3. Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare during the COVID-19 Crisis
   Working Papers, Federal Reserve Bank of Philadelphia View citations (4)
4. Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses During Normal Times and the COVID-19 Crisis
   Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
   See also Journal Article Piercing through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis, Journal of Political Economy, University of Chicago Press (2024) View citations (7) (2024)
5. To change or not to change? The CDS market response of firms on credit watch
   Publications of Darmstadt Technical University, Institute for Business Studies (BWL), Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL) View citations (3)
   See also Journal Article To change or not to change? The CDS market response of firms on credit watch, Journal of Banking & Finance, Elsevier (2021) View citations (3) (2021)

2020

6. Labor and Finance: the effect of bank relationships
   Working Papers Series, Central Bank of Brazil, Research Department
   See also Journal Article Labor and Finance: The Effect of Bank Relationships, Journal of Financial and Quantitative Analysis, Cambridge University Press (2024) (2024)

2015

7. Cyclicality of SME lending and government involvement in banks
   Discussion Papers, Deutsche Bundesbank View citations (5)
   See also Journal Article Cyclicality of SME lending and government involvement in banks, Journal of Banking & Finance, Elsevier (2017) View citations (27) (2017)
8. The Role of Banks in SME Finance
   ERIM Inaugural Address Series Research in Management, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam. View citations (1)

2009

9. Liberalization, Corporate Governance, and Savings Banks
   Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences View citations (13)

2007

10. Credit Derivatives and Loan Pricing
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (3)
    Also in Discussion Paper, Tilburg University, Tilburg Law and Economic Center (2007) View citations (3)
    See also Journal Article Credit derivatives and loan pricing, Journal of Banking & Finance, Elsevier (2008) View citations (33) (2008)

2005

11. Funding Modes of German Banks: Structural Changes and its Implications
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2004

12. Informational Efficiency of Credit Default Swap and Stock Markets: The Impact of Credit Rating Announcements
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (303)
    See also Journal Article Informational efficiency of credit default swap and stock markets: The impact of credit rating announcements, Journal of Banking & Finance, Elsevier (2004) View citations (301) (2004)
13. The Comovement of Credit Default Swap, Bond and Stock Markets: An Empirical Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (54)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2004) View citations (54)

2002

14. The Role of Non-financial Factors in Internal Credit Ratings
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article The role of non-financial factors in internal credit ratings, Journal of Banking & Finance, Elsevier (2005) View citations (135) (2005)

Journal Articles

2024

1. Are measures of corporate financial constraints universal? Evidence from Brazil
   Finance Research Letters, 2024, 70, (C)
2. Labor and Finance: The Effect of Bank Relationships
   Journal of Financial and Quantitative Analysis, 2024, 59, (1), 283-306
   See also Working Paper Labor and Finance: the effect of bank relationships, Working Papers Series (2020) (2020)
3. Lending technologies and consumer defaults in times of crisis: Evidence from Brazil
   Finance Research Letters, 2024, 62, (PB)
4. Piercing through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis
   Journal of Political Economy, 2024, 132, (2), 484 - 551 View citations (7)
   See also Working Paper Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses During Normal Times and the COVID-19 Crisis, Working Papers (2021) View citations (5) (2021)
5. Pre-publication revisions of bank financial statements: A novel way to monitor banks?
   Journal of Financial Intermediation, 2024, 58, (C) View citations (1)
   See also Working Paper Pre-Publication Revisions of Bank Financial Statements: a novel way to monitor banks?, Working Papers Series (2024) View citations (1) (2024)

2022

6. Countercyclical prudential buffers and bank risk-taking
   Journal of Financial Intermediation, 2022, 51, (C) View citations (2)

2021

7. COVID-19, policy interventions and credit: The Brazilian experience
   Journal of Financial Intermediation, 2021, 48, (C) View citations (11)
8. CREDIT QUALITY AND SUBSTITUTION IN SME FINANCE
   Journal of Financial Management, Markets and Institutions (JFMMI), 2021, 09, (01), 1-26 View citations (2)
9. Negative news and the stock market impact of tone in rating reports
   Journal of Banking & Finance, 2021, 133, (C) View citations (2)
10. To change or not to change? The CDS market response of firms on credit watch
    Journal of Banking & Finance, 2021, 125, (C) View citations (3)
    See also Working Paper To change or not to change? The CDS market response of firms on credit watch, Publications of Darmstadt Technical University, Institute for Business Studies (BWL) (2021) View citations (3) (2021)

2020

11. Do bank bailouts affect the provision of trade credit?11All errors are our own. The views expressed in this paper are solely those of the authors and should not be interpreted as reflecting the views of the Board of Governors or the staff of the Federal Reserve System
    Journal of Corporate Finance, 2020, 60, (C)
12. Does uniqueness in banking matter?
    Journal of Banking & Finance, 2020, 120, (C) View citations (5)
13. Informational synergies in consumer credit
    Journal of Financial Intermediation, 2020, 44, (C) View citations (7)

2017

14. Cyclicality of SME lending and government involvement in banks
    Journal of Banking & Finance, 2017, 77, (C), 64-77 View citations (27)
    See also Working Paper Cyclicality of SME lending and government involvement in banks, Discussion Papers (2015) View citations (5) (2015)
15. Information in CDS spreads
    Journal of Banking & Finance, 2017, 75, (C), 118-135 View citations (17)

2016

16. The Benefits of Relationship Lending in a Cross-Country Context: A Meta-Analysis
    Management Science, 2016, 62, (1), 90-110 View citations (88)
17. The effects of corporate bond granularity
    Journal of Banking & Finance, 2016, 63, (C), 25-34 View citations (15)

2014

18. Financial innovation and bank behavior: Evidence from credit markets
    Journal of Economic Dynamics and Control, 2014, 43, (C), 130-145 View citations (42)
19. Liberalization and Risk-Taking: Evidence from Government-Controlled Banks
    Review of Finance, 2014, 18, (4), 1217-1257 View citations (44)

2013

20. Financial constraints of private firms and bank lending behavior
    Journal of Banking & Finance, 2013, 37, (9), 3472-3485 View citations (70)
21. When Good Intentions Go Wrong: Effects of Bank Deregulation and Governance on Risk-taking
    ifo DICE Report, 2013, 11, (03), 48-54

2012

22. Bargaining power and information in SME lending
    Small Business Economics, 2012, 39, (2), 401-417 View citations (23)
23. The Relationship between Borrower Risk and Loan Maturity in Small Business Lending
    Journal of Business Finance & Accounting, 2012, 39, (5-6), 730-757 View citations (18)

2010

24. Credit Line Usage, Checking Account Activity, and Default Risk of Bank Borrowers
    The Review of Financial Studies, 2010, 23, (10), 3665-3699 View citations (136)
25. Funding Modes of German Banks: Structural Changes and their Implications
    Journal of Financial Services Research, 2010, 38, (2), 69-93 View citations (8)
26. Loan growth and riskiness of banks
    Journal of Banking & Finance, 2010, 34, (12), 2929-2940 View citations (291)

2009

27. The Co†movement of Credit Default Swap, Bond and Stock Markets: an Empirical Analysis
    European Financial Management, 2009, 15, (3), 529-562 View citations (197)

2008

28. Credit derivatives and loan pricing
    Journal of Banking & Finance, 2008, 32, (12), 2560-2569 View citations (33)
    See also Working Paper Credit Derivatives and Loan Pricing, Other publications TiSEM (2007) View citations (3) (2007)

2005

29. The role of non-financial factors in internal credit ratings
    Journal of Banking & Finance, 2005, 29, (2), 509-531 View citations (135)
    See also Working Paper The Role of Non-financial Factors in Internal Credit Ratings, CEPR Discussion Papers (2002) View citations (3) (2002)

2004

30. Informational efficiency of credit default swap and stock markets: The impact of credit rating announcements
    Journal of Banking & Finance, 2004, 28, (11), 2813-2843 View citations (301)
    See also Working Paper Informational Efficiency of Credit Default Swap and Stock Markets: The Impact of Credit Rating Announcements, CEPR Discussion Papers (2004) View citations (303) (2004)

Chapters

2015

1. The Dynamics of Trade Credit and Bank Debt in SME Finance: International Evidence
   A chapter in Small Business Conditions and Finance, 2015 View citations (3)