Loan guarantees and credit supply
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DOI: 10.1016/j.jfineco.2020.08.008
Abstract: Abstract The efficiency of federal lending guarantees depends on whether guarantees increase lending supply or simply act as a subsidy to lenders. We use notches in the guarantee rate schedule for Small Business Administration (SBA)… read more here.
Keywords: guarantee; credit supply; guarantees credit; loan ... See more keywords