Why Do Firms Borrow Directly from Nonbanks?
收藏NBER2019-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26458
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资源简介：
Analyzing hand-collected credit agreements data for a random sample of middle-market firms during 2010-2015, we find that a third of all loans is extended directly by nonbank financial intermediaries. Nonbanks lend to less profitable and more levered firms that undergo larger changes in size around
提供机构：
美国国家经济研究局
创建时间：
2019-11-01
