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Shadow Always Touches the Feet: Implications of Bank Credit Lines to Non-Bank Financial Intermediaries

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NBER2025-03-01 更新2025-03-29 收录
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https://www.nber.org/papers/w33590
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We study the implications of banks extending credit lines to non-bank financial intermediaries (NBFIs), using real estate investment trusts (REITs) as an economically important example. While smaller banks hold significant direct exposures in CRE loans, the CRE exposure of large banks is also
提供机构:
美国国家经济研究局
创建时间:
2025-03-01
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