9 Using Italian data, Schivardi, Sette, and Tabellini (2017) provide evidence in support of weak banks lending to weaker firms. 6 This misallocation of credit at the firm level does not seem to be a key driver of the aggregate volume of credit. In contrast to earlier work, the authors also look at firm entry and exit.
9 See European Commission (2018), “Proposal for a Directive of the European Parliament and of the Council on  credit servicers, credit purchasers and the recovery of collateral”, 14 March. 4/4  BIS central bankers' speeches