Why Do Firms Pay Different Interest Rates on Their Bank Loans?
收藏NBER2026-02-01 更新2026-02-28 收录
下载链接：
https://www.nber.org/papers/w34870
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资源简介：
We document significant variation in interest rates among similar commercial and industrial loans using confidential supervisory data on the largest US banks. This dispersion does not appear to be due to risk. We rationalize the data using a search cost model and find that search costs are highest
提供机构：
美国国家经济研究局
创建时间：
2026-02-01
