Publications

 Journal Publications

• Degryse, H., and C. Huylebroek (2023), Fiscal support and banks' loan loss provisions during the COVID-19 crisis  forthcoming in Journal of Financial Stability

• Degryse, H., S. Kokas, R. Minetti and V. Peruzzi (2023), "Bank Information and Firm Growth. Microeconomic Evidence from the US Credit Market" forthcoming in Journal of Financial Services Research

• "Non-standard errors" with 342 co-authors from 34 countries and 207 institutions is forthcoming in the Journal of Finance

• Degryse, H., M. Mariathasan and T.H. Tang (2023), GSIB status and corporate lending, forthcoming in Journal of Corporate Finance

• Degryse, H., R. Goncharenko, C. Theunisz, and T. Vadasz (2023), When green meets green, forthcoming in Journal of Corporate Finance. 

• Degryse, H., T. Roukny and J. Tielens (2023), Asset overhang and the green transition, EconPol Forum 24 (1), 31-34 

• Bonfim, D., G. Cerqueiro, H. Degryse and S. Ongena (2022), On-site inspecting zombie lending, forthcoming in Management Science.

• Degryse, H., R. Goncharenko, C. Theunisz, and T. Vadasz (2022), The green transition and bank financing, forthcoming in European Economy – Banks, Regulation, and the Real Sector. 

• Degryse, H., N. Karagiannis, G. Tombeur and G. Wuyts (2021), "Two shades of opacity: hidden orders and dark trading", Journal of Financial Intermediation, 47, 100919.

• Degryse, H., M. Van Achter, and G. Wuyts (2022), "Plumbing of Securities Markets: The Impact of Post-Trade Fees on Trading and Welfare", Management Science, 1,  

• Degryse, H., A. Karapetyan, and S. Karmakar (2021), To Ask or Not To Ask? Bank Capital Requirements and Loan Collateralization", Journal of Financial Economics, 142 (1), 239-260.

• Flore, C., H. Degryse, S. Kolaric and D. Schiereck, Forgive me all my sins: How penalties imposed on bank travel through markets, forthcoming in the Journal of Corporate Finance

• Jakovljević S., H. Degryse and S. Ongena, Forthcoming, Introduction to the Special Issue on Contemporary Banking Research: The use of fixed effects to disentangle loan demand from loan supply, Economic Inquiry.

• Bersch, J., H. Degryse, T. Kick and I. Stein (2019) The Real Effects of Bank Distress: Evidence from Bank Bailouts in Germany", forthcoming in Journal of Corporate Finance 

• Degryse, H. A. Karas and K. Schoors (2019), Relationship Lending during a Trust Crisis on the Interbank Market: A Friend in Need is a Friend Indeed, forthcoming in Economics Letters

• Degryse, H., V. Ioannidou, J. Liberti and J. Sturgess (2020), How do laws and institutions affect recovery rates on collateral?, Review of Corporate Finance Studies, 1-43.

• Degryse, H., O. De Jonghe, S. Jakovljevic, K. Mulier, and G. Schepens (2019), Identifying Credit Supply Shocks with Bank-Firm Data: Methods and Applications, forthcoming in Journal of Financial Intermediation. 

• Degryse, H., K. Matthews and T. Zhao (2018) SMEs and access to bank credit: Evidence on the regional propagation of the financial crisis in the UK forthcoming in Journal of Financial Stability

• Beck, T., H. Degryse, R. De Haas and N. Van Horen (2018), When Arm's Length is Too Far. Relationship Banking over the Credit Cycle, Journal of Financial Economics, 127, 174-196.          

• Degryse, H., T. Lambert and A. Schwienbacher (2018), The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries, Economic Journal, 128, 1433–1475.

• Degryse, H., K. Matthews and T. Zhao (2017), Relationship banking and SME finance: The Case of Wales, International Journal of Banking, Accounting and Finance, 8(1), 93–118 .

• Degryse, H., L. Lu, and S. Ongena, (2016) ,Informal or Formal Financing? Evidence on the Co-Funding of Chinese Firms, Journal of Financial Intermediation, 27, 31-60.

• Degryse, H., V. Ioannidou, and E. von Schedvin (2016), On the Non-Exclusivity of Loan Contracts: An Empirical Investigation, Management Science 62, 3510-533.

• Degryse H., de Jong F., Lefebvre J., (2016.) Legal insider trading and stock market liquidity, De Economist, 83-104.

• Carbo-Valverde, S., H. Degryse, and F. Rodriguez-Fernandez (2015), The Impact of Securitization on Credit Rationing: Empirical Evidence, Journal of Financial Stability, 20, 36-50.

• Jakovljević, S., H. Degryse and S. Ongena, (2015),A review of empirical research on the design and impact of regulation in the banking sector, Annual Review of Financial Economics, 423-444.

• Degryse, H., F. de Jong and V. van Kervel (2014), The Impact of dark trading and visible fragmentation on market quality, Review of Finance, 1-36.

• Degryse, H., F. de Jong and J. Lefebvre (2014), An empirical analysis of legal insider trading in the Netherlands, De Economist, 162: 71-103.

• Degryse, H.  (2014), Multinational Banks and the Global Financial Crisis: Weathering the Perfect Storm?, Discussion of De Haas and van Lelyveld, Journal of Money, Credit and Banking, 46s1, 365-368.

• Beck, T., H. Degryse and C. Kneer (2014), Is More Finance Better? Disentangling Intermediation and Size Effects of Financial Systems, Journal of Financial Stability, 10, 50-64.

• Bouckaert, J., and H. Degryse (2013), Default Options and Social Welfare: Opt In versus Opt Out, forthcoming in Journal of Institutional and Theoretical Economics, 169, 3, 468-489.

• Bouckaert, J., H. Degryse and T. van Dijk (2013), Bertrand Competition with an Asymmetric No-Discrimination Constraint, Journal of Industrial Economics, 61 (1), 62-83.

• Degryse, H., O. Havrylchyk, E. Jurzyk and S. Kozak (2012), Foreign bank entry and credit allocation in emerging markets: Evidence from Poland, Journal of Banking and Finance, 36, 2949-2959. 

• Degryse, H. and S. Ongena (2012), Allocation de Crédit et Création de Valeur par les Banques: l'impact de la banque relationnelle en temps normal et en temps de crise, Revue d'Economie Financière, 23-35

• Degryse, H.A., Goeij, P. C. de, and P. Kappert (2012). The Impact of Firm and Industry Characteristics on Small Firms' Capital Structure. Small Business Economics, 38, 431-447.

• Bouckaert, J., H. Degryse and T. Provoost (2012), Enhancing Market Power by Reducing Switching Costs, Economics Letters, 114, 359-361

• Degryse, H., N. Masschelein, and J. Mitchell (2011), Staying, Dropping or Switching: The Impacts of Bank Mergers on SMEs, Review of Financial Studies,24, 1102-1140.

• Cerqueiro, G., H. Degryse, and S. Ongena (2011), Rules versus Discretion in Loan Pricing, Journal of Financial Intermediation, 20, 503-529.

• Ferrari, S., F. Verboven and H. Degryse (2010), Investment and Usage of New Technologies: Evidence from a Shared ATM Network, American Economic Review,100(3): 1046-79

• Degryse, H., A. Elahi and M.F. Penas (2010), Cross-border Exposures and Financial Contagion, International Review of Finance, 10, 209-240.

• Cheng, A. and H. Degryse (2010), The Impact of Bank and Non-Bank Financial Institutions on Local Economic Growth in China, Journal of Financial Services Research, 37: 179-199.

• Degryse, H., L. Laeven and S. Ongena (2009), The Impact of Organizational Structure and Lending Technology on Banking Competition, Review of Finance 13, 225-259

• Degryse, H., M. Van Achter and G. Wuyts (2009), Dynamic Order Submission Strategies with Competition between A Dealer Market and a Crossing Network, Journal of Financial Economics, 91, 319-338.

• Degryse, H. (2009), Competition between Financial Markets in Europe: What to Expect from MiFID?, Financial Markets and Portfolio Management23, 93-103

• Degryse, H. S. Ongena and G. Tümer-Alkan (2009), Lending Technology, Bank Organization and competition, Journal of Financial Transformation 26, 24-30.

• Bouckaert, J., H. Degryse, J. Fernandez-Ruiz, and M. Garcia-Cestona (2008), Softening Competition by Inducing Switching in Credit Markets: A Correction, 56, 679-682, Journal of Industrial Economics

• Degryse, H. and S. Ongena (2007), The Impact of Competition on Bank Orientation, Journal of Financial Intermediation 16, 399-424.

• Degryse, H. and G. Nguyen (2007),  Interbank exposures: an empirical investigation of systemic risk in the Belgian banking system, International Journal of Central Banking, 3, 123-172.

• Degryse, H., , S. Ongena and M.F. Penas (2006), Repercusiones de la integracion y consolidacion de los sectores bancarios Europeos sobre la innovacion y las actividades de los emprendedores, Papeles de Economia Espanola, 110, 73-89.

• Bouckaert, J. and H. Degryse (2006), Entry and Strategic Information Display in Credit Markets, Economic Journal, 116, 702-720.

• Degryse, H, M. Van Achter and G. Wuyts (2006), Crossing Networks: Competition and Design, Competition and Regulation in Network Industries (Journal of Network Industries), 453-469.

• Degryse, H. and A. de Jong (2006), Investment spending in the Netherlands: Asymmetric Information or Managerial Discretion?, International Journal of Industrial Organization , 24, pp. 125-147.

• Degryse, H., de Jong, F., M. Van Ravenswaaij, and G. Wuyts (2005), Aggressive orders and the resiliency of the limit-order book, Review of Finance, 9, pp. 201-242

• Degryse, H. and S. Ongena (2005), Distance, Lending Relationships and Competition, Journal of Finance, 231-266.

• Degryse, H. and S. Ongena (2004), The impact of Technology and Regulation on the Geographical Scope of Banking, Oxford Review of Economic Policy, 571-590.

• Bouckaert, J. and H. Degryse (2004), Softening Competition by Inducing Switching in Credit Markets, Journal of Industrial Economics,27-52

• Degryse, H. and S. Ongena (2002), Bank-firm relationships and international banking markets, International Journal of the Economics of Business, 9:3, 401-417.

• Degryse, H. and S. Ongena (2001), Bank Relationships and Firm Profitability, Financial Management, 30(1), p.9-34.

• Degryse, H. and A. Irmen (2001), On the incentives to provide fuel efficient automobiles, Journal of Economics, 73(2), p.149-165.

• Degryse, H. and A. Irmen, (2001), Attribute dependence and the provision of quality, Regional Science and Urban Economics, 31, p.547-569.

• Degryse, H. and P. Van Cayseele (2000), Relationship lending within a bank-based system: Evidence from European small business data, Journal of financial Intermediation 9 (1), 90-109.

• Bouckaert, J. and H. Degryse (1999), Price competition between an expert and a non-expert, International Journal of Industrial Organization 18, 901-923

• Degryse, H. (1999), The Total Cost of Trading Belgian Shares: Brussels versus London, Journal of Banking and Finance 23, 1331-1355.

• Degryse, H. (1996), On the interaction between vertical and horizontal product differentiation: an application to banking, Journal of Industrial Economics, 169-186.

• Bouckaert, J. and H. Degryse (1995), Phonebanking, European Economic Review 39, 229-244.