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Relationship and Transaction Lending in a Crisis

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NBER2013-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19467
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We study how relationship lending and transaction lending vary over the business cycle. We develop a model in which relationship banks gather information on their borrowers, which allows them to provide loans for profitable firms during a crisis. Due to the services they provide, operating costs of
提供机构:
美国国家经济研究局
创建时间:
2013-09-01
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