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Does Distance Still Matter? The Information Revolution in Small Business Lending

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NBER2000-05-01 更新2025-01-04 收录
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The distance between small firms and their lenders in the United States is increasing. Not only are firms choosing more distant lenders, they are also communicating with them in more impersonal ways. After documenting these systematic changes, we demonstrate that they do not stem from small firms

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2000-05-01
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