Are Bigger Banks Better? Firm-Level Evidence from Germany
收藏NBER2021-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28767
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资源简介：
The effects of large banks on the real economy are theoretically ambiguous and politically controversial. I identify quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship banks became bigger. In fact, opaque borrowers grew more
提供机构：
美国国家经济研究局
创建时间：
2021-05-01
