Who Supplies PPP Loans (And Does it Matter)? Banks, Relationships and the COVID Crisis
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https://www.nber.org/papers/w28286
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资源简介：
We analyze bank supply of credit under the Paycheck Protection Program (PPP). The literature emphasizes relationships as a means to improve lender information, which helps banks manage credit risk. Despite imposing no risk, however, PPP supply reflects traditional measures of relationship lending:
提供机构：
美国国家经济研究局
创建时间：
2020-12-01
