Fragile Financing? How Corporate Reliance on Shadow Banking Affects their Access to Bank Liquidity
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https://www.nber.org/papers/w33760
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资源简介：
Greater reliance on nonbank financing makes firms fragile as it leads banks to limit their access to credit lines. Besides demonstrating this result in panel tests subject to range of controls and robustness checks, we employ the 201416 oil-price collapse as an exogenous rollover risk in nonbank
提供机构：
美国国家经济研究局
创建时间：
2025-05-01
