Santiago Carbo-Valverde

Bangor Business School

Bangor Business School

College Road

Gwynedd LL57 2DG, Wales LL57 2DG

United Kingdom

Universidad Complutense de Madrid (UCM) - Colegio Universitario de Estudios Financieros (CUNEF)

Serrano Anguita 9

Madrid, Madrid 28004

Spain

SCHOLARLY PAPERS

34

DOWNLOADS
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SSRN RANKINGS

Top 5,317

in Total Papers Downloads

8,141

SSRN CITATIONS
Rank 7,690

SSRN RANKINGS

Top 7,690

in Total Papers Citations

53

CROSSREF CITATIONS

82

Scholarly Papers (34)

1.

The Economics of Credit Cards, Debit Cards and Atms: A Survey and Some New Evidence

Journal of Banking & Finance, Vol. 32, No. 8, pp. 1468-1483, August 2008, University of Alberta School of Business Research Paper No. 2013-1147
Number of pages: 36 Posted: 07 May 2006 Last Revised: 25 Jul 2013
University of Alberta - Department of Marketing, Business Economics & Law, Melbourne Business School, University of Melbourne, New York University - Leonard N. Stern School of Business, Bangor Business School and University of Granada - Department of Economic Theory and History
Downloads 1,484 (12,251)
Citation 8

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Credit Cards, debit cards, point of sale, POS, ATMs, Retail payment system

2.

Bank Market Power and SME Financing Constraints

EFA 2006 Zurich Meetings
Number of pages: 62 Posted: 20 Jun 2006
Santiago Carbo-Valverde, Gregory F. Udell and Francisco Rodriguez-Fernandez
Bangor Business School, Indiana University - Kelley School of Business - Department of Finance and University of Granada - Department of Economic Theory and History
Downloads 1,105 (19,327)
Citation 16

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Bank market power, SME financing

3.

Bank Lending, Financing Constraints and SME Investment

21st Australasian Finance and Banking Conference 2008 Paper
Number of pages: 41 Posted: 10 Sep 2008 Last Revised: 14 May 2014
Francisco Rodriguez-Fernandez, Gregory F. Udell and Santiago Carbo-Valverde
University of Granada - Department of Economic Theory and History, Indiana University - Kelley School of Business - Department of Finance and Bangor Business School
Downloads 706 (36,511)
Citation 3

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SMEs, financing constraints, bank lending, trade credit, predictability

Are Covered Bonds a Substitute for Mortgage-Backed Securities?

26th Australasian Finance and Banking Conference 2013
Number of pages: 42 Posted: 08 Aug 2013
Santiago Carbo-Valverde, Francisco Rodriguez-Fernandez and Richard J. Rosen
Bangor Business School, University of Granada - Department of Economic Theory and History and Federal Reserve Bank of Chicago - Economic Research
Downloads 282 (110,642)
Citation 3

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Are Covered Bonds a Substitute for Mortgage-Backed Securities?

FRB of Chicago Working Paper No. 2011-14
Number of pages: 41 Posted: 08 Dec 2011 Last Revised: 15 Mar 2012
Santiago Carbo-Valverde, Richard J. Rosen and Francisco Rodriguez-Fernandez
Bangor Business School, Federal Reserve Bank of Chicago - Economic Research and University of Granada - Department of Economic Theory and History
Downloads 253 (124,141)
Citation 3

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Covered bonds, mortgage-backed securities

5.

Trade Credit, the Financial Crisis, and SME Access to Finance

26th Australasian Finance and Banking Conference 2013
Number of pages: 43 Posted: 08 Aug 2013
Santiago Carbo-Valverde, Francisco Rodriguez-Fernandez and Gregory F. Udell
Bangor Business School, University of Granada - Department of Economic Theory and History and Indiana University - Kelley School of Business - Department of Finance
Downloads 526 (53,813)
Citation 15

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SMEs, financing constraints, bank lending, trade credit, predictability

6.

Investigating Diversity in the Banking Sector in Europe: The Performance and Role of Savings Banks

CEPS Paperbacks
Number of pages: 214 Posted: 03 Jul 2009
HEC Montreal, Goethe University Frankfurt - Chair of Banking and Finance, Bangor Business School, Centre for European Policy Studies (CEPS) and University of Granada - Department of Economic Theory and History
Downloads 501 (57,209)
Citation 46

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banking regulation, supervision

Lending Relationships and Credit Rationing: The Impact of Securitization

24th Australasian Finance and Banking Conference 2011 Paper
Number of pages: 30 Posted: 16 Aug 2011
Santiago Carbo-Valverde, Hans Degryse and Francisco Rodriguez-Fernandez
Bangor Business School, KU Leuven, Department Accounting, Finance and Insurance and University of Granada - Department of Economic Theory and History
Downloads 180 (172,461)
Citation 1

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lending relationships, financial crisis, securitization

Lending Relationships and Credit Rationing: The Impact of Securitization

Midwest Finance Association 2013 Annual Meeting Paper
Number of pages: 38 Posted: 14 Sep 2012 Last Revised: 22 Jan 2013
Santiago Carbo-Valverde, Hans Degryse and Francisco Rodriguez-Fernandez
Bangor Business School, KU Leuven, Department Accounting, Finance and Insurance and University of Granada - Department of Economic Theory and History
Downloads 111 (255,640)

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lending relationships, financial crisis, securitization

Lending Relationships and Credit Rationing: The Impact of Securitization

Number of pages: 39 Posted: 20 Oct 2012
Santiago Carbo-Valverde, Hans Degryse and Francisco Rodriguez Fernandez
Bangor Business School, KU Leuven, Department Accounting, Finance and Insurance and University of Granada
Downloads 59 (376,083)

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lending relationships, financial crisis, securitization

Lending Relationships and Credit Rationing: The Impact of Securitization

CEPR Discussion Paper No. DP9138
Number of pages: 41 Posted: 28 Sep 2012
Santiago Carbo-Valverde, Hans Degryse and Francisco Rodriguez-Fernandez
Bangor Business School, KU Leuven, Department Accounting, Finance and Insurance and University of Granada - Department of Economic Theory and History
Downloads 2 (689,932)
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financial crisis, lending relationships, securitization

8.

ATMs vs. POS Terminals: A Horse Race?

21st Australasian Finance and Banking Conference 2008 Paper
Number of pages: 23 Posted: 10 Sep 2008 Last Revised: 26 Aug 2012
Santiago Carbo-Valverde and Francisco Rodriguez-Fernandez
Bangor Business School and University of Granada - Department of Economic Theory and History
Downloads 274 (114,734)

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Technology diffusion, payment instruments, banks, ATMs, POS.

Regulating Two-Sided Markets: An Empirical Investigation

FRB of Chicago Working Paper No. 2009-11
Number of pages: 57 Posted: 24 Nov 2009 Last Revised: 22 Apr 2010
Santiago Carbo-Valverde, Sujit Chakravorti and Francisco Rodriguez-Fernandez
Bangor Business School, Independent and University of Granada - Department of Economic Theory and History
Downloads 158 (193,302)
Citation 5

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Payment Choice, Merchant Adoption

Regulating Two-Sided Markets: An Empirical Investigation

ECB Working Paper No. 1137
Number of pages: 51 Posted: 17 Jan 2010
Santiago Carbo-Valverde, Sujit Chakravorti and Francisco Rodriguez-Fernandez
Bangor Business School, Independent and University of Granada - Department of Economic Theory and History
Downloads 103 (269,529)

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consumer payment choice, merchant payment adoption, network competition

10.

Trust in Banks: Evidence from the Spanish Financial Crisis

26th Australasian Finance and Banking Conference 2013
Number of pages: 39 Posted: 15 Aug 2013
Santiago Carbo-Valverde, Eduardo Maqui Lopez and Francisco Rodriguez-Fernandez
Bangor Business School, European Central Bank (ECB) and University of Granada - Department of Economic Theory and History
Downloads 205 (153,796)
Citation 6

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Financial Crisis, Trust in Banks, Financial Services, Distrust

Safety-Net Benefits Conferred on Difficult-to-Fail-and-Unwind Banks in the US and EU Before and During the Great Recession

Number of pages: 44 Posted: 29 Jan 2011 Last Revised: 16 Aug 2011
Santiago Carbo-Valverde, Edward J. Kane and Francisco Rodriguez-Fernandez
Bangor Business School, Boston College - Department of Finance and University of Granada - Department of Economic Theory and History
Downloads 128 (229,826)
Citation 4

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financial safety net, too big to fail, financial crisis, financial subsidies,regulatory arbitrage

Safety-Net Benefits Conferred on Difficult-to-Fail-And-Unwind Banks in the US and EU Before and During the Great Recession

Paolo Baffi Centre Research Paper No. 2011-95
Number of pages: 43 Posted: 12 Jul 2011
Edward J. Kane, Santiago Carbo-Valverde and Francisco Rodriguez Fernandez
Boston College - Department of Finance, Bangor Business School and University of Granada
Downloads 58 (379,320)
Citation 3

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safety net, too big to fail policy, difficult-to-fail banks, financial crisis

Safety-Net Benefits Conferred on Difficult-to-Fail-And-Unwind Banks in the Us and EU Before and During the Great Recession

NBER Working Paper No. w16787
Number of pages: 35 Posted: 14 Feb 2011 Last Revised: 12 Jul 2011
Santiago Carbo-Valverde, Edward J. Kane and Francisco Rodriguez-Fernandez
Bangor Business School, Boston College - Department of Finance and University of Granada - Department of Economic Theory and History
Downloads 18 (570,058)

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12.

Securitization, Bank Lending and Credit Quality: The Case of Spain

ECB Working Paper No. 1329
Number of pages: 44 Posted: 25 Apr 2011
Bangor Business School, European Central Bank (ECB) and University of Granada - Department of Economic Theory and History
Downloads 196 (159,692)

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securitization, lending, risk, financial instability

13.

The Impact of Lending Relationships on the Choice and Structure of Bond Underwriting Syndicates

Number of pages: 52 Posted: 31 Mar 2017 Last Revised: 02 Aug 2019
Santiago Carbo-Valverde, Pedro Cuadros-Solas and Francisco Rodriguez-Fernandez
Bangor Business School, Colegio Universitario de Estudios Financieros (CUNEF) and University of Granada - Department of Economic Theory and History
Downloads 182 (170,773)

Abstract:

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underwriters, banks, syndicate, bond, multiple underwritten

14.

Payment Card Interchange Fees: Assessing the Effectiveness of Antitrust Investigations and Regulation in Europe

Number of pages: 39 Posted: 06 May 2012
Santiago Carbo-Valverde and José Manuel Liñares-Zegarra
Bangor Business School and University of Essex - Essex Business School
Downloads 173 (178,634)

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payment cards, interchange fees, adoption, usage, merchant, cardholders

15.

The Relationship between Mortgage Markets and House Prices: Does Financial Instability Make the Difference?

Federal Reserve Bank of Atlanta CenFIS Working Paper 10-02
Number of pages: 25 Posted: 06 Feb 2010
Santiago Carbo-Valverde and Francisco Rodriguez-Fernandez
Bangor Business School and University of Granada - Department of Economic Theory and History
Downloads 165 (186,050)

Abstract:

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house prices, mortgages, banks

16.

How Do Bank Customers Go Digital? A Machine Learning Approach

Number of pages: 43 Posted: 19 Jun 2018 Last Revised: 04 Oct 2018
Santiago Carbo-Valverde, Pedro Cuadros-Solas and Francisco Rodriguez-Fernandez
Bangor Business School, Colegio Universitario de Estudios Financieros (CUNEF) and University of Granada - Department of Economic Theory and History
Downloads 142 (210,906)
Citation 1

Abstract:

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technology adoption, banks, machine learning

17.

Regulatory Arbitrage in Cross-Border Banking Mergers within the EU

Number of pages: 35 Posted: 04 Jun 2010 Last Revised: 13 Jun 2010
Santiago Carbo-Valverde, Francisco Rodriguez-Fernandez and Edward J. Kane
Bangor Business School, University of Granada - Department of Economic Theory and History and Boston College - Department of Finance
Downloads 136 (218,391)
Citation 5

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bank mergers, safety-net subsidies, cross-border banking

18.

Securitization, Risk Transferring and Financial Instability: The Case of Spain

Number of pages: 37 Posted: 16 Aug 2011
Bangor Business School, European Central Bank (ECB) and University of Granada
Downloads 124 (234,589)
Citation 2

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securitization, lending, risk, financial instability

19.

Underwriting as Certification of Bank Bonds

Number of pages: 48 Posted: 27 Sep 2015 Last Revised: 10 Dec 2016
Santiago Carbo-Valverde, Francisco Rodriguez-Fernandez and Anthony Saunders
Bangor Business School, University of Granada - Department of Economic Theory and History and New York University - Leonard N. Stern School of Business
Downloads 109 (257,561)
Citation 1

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banks, underwriter, bond, debt certification

20.

Non-Pricing Drivers of Underwriters’ Market Shares in Corporate Bond Markets

Number of pages: 34 Posted: 01 Feb 2018 Last Revised: 26 Sep 2018
Santiago Carbo-Valverde, Pedro Cuadros-Solas and Francisco Rodriguez-Fernandez
Bangor Business School, Colegio Universitario de Estudios Financieros (CUNEF) and University of Granada - Department of Economic Theory and History
Downloads 99 (275,238)

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underwriters, market shares, bond, lending

21.

Are Covered Bonds a Substitute for Mortgaged-Back Securities?

Midwest Finance Association 2013 Annual Meeting Paper
Number of pages: 41 Posted: 14 Sep 2012
Santiago Carbo-Valverde, Richard J. Rosen and Francisco Rodriguez-Fernandez
Bangor Business School, Federal Reserve Bank of Chicago - Economic Research and University of Granada - Department of Economic Theory and History
Downloads 95 (282,711)
Citation 1

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Covered bonds, MBS, issuance, banks

22.

Monetary Policy, Implicit Interest Rate, and Relative Net Trade Credit

Number of pages: 41 Posted: 11 Aug 2013
Bangor Business School, Public University of Navarre and University of Granada
Downloads 87 (298,816)

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implicit interest rate, monetary policy, relative net trade credit, trade credit

Disentangling the Effects of Household Financial Constraints and Risk Profile on Mortgage Rates

Number of pages: 47 Posted: 05 May 2015 Last Revised: 29 Mar 2016
Santiago Carbo-Valverde, Sergio Mayordomo and Francisco Rodriguez-Fernandez
Bangor Business School, Banco de España and University of Granada - Department of Economic Theory and History
Downloads 71 (340,661)

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mortgages, financial constraints, credit risk

Disentangling the Effects of Household Financial Constraints and Risk Profile on Mortgage Rates

Journal of Real Estate Finance and Economics, Vol. 56, No. 1, 2018
Posted: 08 Feb 2018
Santiago Carbo-Valverde, Sergio Mayordomo and Francisco Rodriguez-Fernandez
Bangor Business School, Banco de España and University of Granada - Department of Economic Theory and History

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Households; Mortgages; Financial Constraints; Credit Risk

24.

How Effective are Rewards Programs in Promoting Payment Card Usage? Empirical Evidence

ECB Working Paper No. 1141
Number of pages: 40 Posted: 17 Jan 2010
Santiago Carbo-Valverde and José Manuel Liñares-Zegarra
Bangor Business School and University of Essex - Essex Business School
Downloads 71 (336,812)
Citation 1

Abstract:

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payment cards, rewards, preferences, merchants, cardholders

25.

Do Bank Bailouts Have an Impact on the Underwriting Business?

Number of pages: 47 Posted: 12 Oct 2018 Last Revised: 02 Aug 2019
Santiago Carbo-Valverde, Pedro Cuadros-Solas and Francisco Rodriguez-Fernandez
Bangor Business School, Colegio Universitario de Estudios Financieros (CUNEF) and University of Granada - Department of Economic Theory and History
Downloads 67 (347,666)
Citation 1

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Underwriters, Bailout, Reputation, Recapitalization

26.

The Effects of Bank Market Power in Short-Term and Long-Term Firm Credit Availability and Investment

Revista Española de Financiación y Contabilidad, Forthcoming
Number of pages: 42 Posted: 27 Sep 2016
Bangor Business School, Public University of Navarre and University of Granada
Downloads 62 (361,830)

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Bank loans, bank market power, Euler equation, firm investment rate, risk premium

27.

Do Domestic M&As Impact Bank Risk Profiles? The Case of Spanish Banks

Number of pages: 34 Posted: 31 Aug 2013
Santiago Carbo-Valverde, Jens Hagendorff and Maria Nieto
Bangor Business School, University of Edinburgh - Business School and Banco de España
Downloads 52 (393,336)

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banks, mergers, Spain

28.

Financial Reputation, Market Interventions and Debt Issuance by Banks: A Truncated Two-Part Model Approach

ECB Working Paper No. 1741
Number of pages: 37 Posted: 19 Nov 2014
Gonzalo Camba-Mendez, Santiago Carbo-Valverde and Diego Rodriguez-Palenzuela
European Central Bank (ECB), Bangor Business School and European Central Bank (ECB)
Downloads 37 (450,032)
Citation 1

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bank debt issuance, collateral, crisis, monetary policy

29.

Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU

NBER Working Paper No. w15447
Number of pages: 32 Posted: 03 Nov 2009 Last Revised: 17 Sep 2010
Santiago Carbo-Valverde, Edward J. Kane and Francisco Rodriguez-Fernandez
Bangor Business School, Boston College - Department of Finance and University of Granada - Department of Economic Theory and History
Downloads 30 (481,956)
Citation 1

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30.

Cournot Competition in a Two-Dimensional Circular City

Manchester School, Vol. 73, No. 1, pp. 40-49, January 2005
Number of pages: 10 Posted: 07 Jan 2005
Universidad de Granada, Bangor Business School and Universidad de Granada
Downloads 29 (486,914)
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31.

Evidence of Differences in the Effectiveness of Safety-Net Management in European Union Countries

NBER Working Paper No. w13782
Number of pages: 46 Posted: 08 Feb 2008 Last Revised: 30 Aug 2010
Santiago Carbo-Valverde, Edward J. Kane and Francisco Rodriguez-Fernandez
Bangor Business School, Boston College - Department of Finance and University of Granada - Department of Economic Theory and History
Downloads 24 (514,285)
Citation 2

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32.

Intermediation Below Zero: Effects of Negative Interest Rates on Banks' Performance and Lending

Number of pages: 61 Posted: 19 Dec 2019
Santiago Carbo-Valverde, Pedro Cuadros-Solas and Francisco Rodriguez-Fernandez
Bangor Business School, Colegio Universitario de Estudios Financieros (CUNEF) and University of Granada - Department of Economic Theory and History
Downloads 19 (544,096)

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Negative Interest Rates, Intermediation, Lending, Central Banks, Banks

33.

The Impact of M&As on Bank Risk in Spain (1986-2007)

Revista de Estabilidad Financiera, Número 25, Noviembre de 2013
Number of pages: 13 Posted: 25 Aug 2017
Santiago Carbo-Valverde, Jens Hagendorff and Maria Nieto
Bangor Business School, University of Edinburgh - Business School and Banco de España
Downloads 12 (587,772)

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Banks; Mergers; Spain

34.

Underwriting as Certification of Bank Bonds (Appendix)

Number of pages: 7 Posted: 12 Dec 2016
Santiago Carbo-Valverde, Anthony Saunders and Francisco Rodriguez Fernandez
Bangor Business School, New York University - Leonard N. Stern School of Business and University of Granada
Downloads 6 (627,358)

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