Bank Loan Recovery and Credit Markets: Evidence from Bank Survey Data

Andrea Generale and Giorgio Gobbi

Politica economica, 2017, issue 2, 129-156

Abstract: This paper analyzes the actions that banks undertake when customers cannot repay their loans. The issue has relevant implications for the strategies followed by the parties involved in designing loan contracts. Using data collected from a highly representative sample of Italian banks we provide a detailed survey of costs, duration, and effectiveness of various types of loan recovery procedures. Using econometric techniques we also investigate the conditions under which out-of-court settlements and firms' debt restructuring are feasible.

Keywords: Credit Recovery; Banks; Corporate Financing. (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1429/87181 (application/pdf)
https://www.rivisteweb.it/doi/10.1429/87181 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:je8794:doi:10.1429/87181:y:2017:i:2:p:129-156

Access Statistics for this article

Politica economica is currently edited by Giuseppe Marotta

More articles in Politica economica from Società editrice il Mulino
Bibliographic data for series maintained by ().