The Effect of Credit Market Competition on Lending Relationships
收藏NBER1994-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4921
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资源简介：
This paper provides a simple model showing that the extent of competition in credit markets is important in determining the value of lending relationships. Creditors are more likely to finance credit constrained firms when credit markets are concentrated because it is easier for these creditors to
提供机构：
美国国家经济研究局
创建时间：
1994-11-01
