Shadow Always Touches the Feet: Implications of Bank Credit Lines to Non-Bank Financial Intermediaries
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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
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美国国家经济研究局创建时间:
2025-03-01



