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Does FinTech Substitute for Banks? Evidence from the Paycheck Protection Program

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NBER2020-08-01 更新2025-01-04 收录
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New technology promises to expand the supply of nancial services to small businesses poorly served by the banking system. Does it succeed? We study the response of FinTech to nancial services demand created by the introduction of the Paycheck Protection Program (PPP). We nd that FinTech is

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2020-08-01
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