Matches in SemOpenAlex for { <https://semopenalex.org/work/W2048068855> ?p ?o ?g. }
- W2048068855 endingPage "253" @default.
- W2048068855 startingPage "231" @default.
- W2048068855 abstract "The theory of financial intermediation assigns banks a unique role in the resolution of information asymmetry. Banks, in general, obtain private information about the borrower and the project during the screening of loan applicants and during the monitoring of loan recipients. Incumbent banks, in particular, utilize information obtained while monitoring previous loan extensions to resolve information asymmetry when granting subsequent loans. We examine the rate on a sequence of loans to a borrower and find that the incumbent bank information advantage has finite magnitude and is quickly reflected in the pricing of the second loan. We also find that the lending relationship does not deteriorate to the detriment of the borrower. This study also provides further evidence supporting the hypothesis that an incumbent bank resolves information asymmetry during the monitoring of loan extensions." @default.
- W2048068855 created "2016-06-24" @default.
- W2048068855 creator A5053087794 @default.
- W2048068855 creator A5064533043 @default.
- W2048068855 date "2004-05-01" @default.
- W2048068855 modified "2023-09-25" @default.
- W2048068855 title "The Pricing of Sequential Bank Loans" @default.
- W2048068855 cites W1498251348 @default.
- W2048068855 cites W1566282061 @default.
- W2048068855 cites W1978352128 @default.
- W2048068855 cites W1983052164 @default.
- W2048068855 cites W1993328645 @default.
- W2048068855 cites W2001001585 @default.
- W2048068855 cites W2021751310 @default.
- W2048068855 cites W2025325473 @default.
- W2048068855 cites W2026350809 @default.
- W2048068855 cites W2027366548 @default.
- W2048068855 cites W2029792205 @default.
- W2048068855 cites W2052479428 @default.
- W2048068855 cites W2053208593 @default.
- W2048068855 cites W2055324653 @default.
- W2048068855 cites W2065091890 @default.
- W2048068855 cites W2072240594 @default.
- W2048068855 cites W2076346609 @default.
- W2048068855 cites W2077907699 @default.
- W2048068855 cites W2078710010 @default.
- W2048068855 cites W2081053229 @default.
- W2048068855 cites W2093594083 @default.
- W2048068855 cites W2096708057 @default.
- W2048068855 cites W2108491286 @default.
- W2048068855 cites W2118889105 @default.
- W2048068855 cites W2119780569 @default.
- W2048068855 cites W2125418034 @default.
- W2048068855 cites W2135054946 @default.
- W2048068855 cites W2143841915 @default.
- W2048068855 cites W2146524607 @default.
- W2048068855 cites W2151355180 @default.
- W2048068855 cites W2157801094 @default.
- W2048068855 cites W2167141920 @default.
- W2048068855 cites W3023126729 @default.
- W2048068855 cites W3121328534 @default.
- W2048068855 cites W3122089872 @default.
- W2048068855 cites W3123605165 @default.
- W2048068855 cites W4235686105 @default.
- W2048068855 cites W2053041655 @default.
- W2048068855 doi "https://doi.org/10.1111/j.0732-8516.2004.00074.x" @default.
- W2048068855 hasPublicationYear "2004" @default.
- W2048068855 type Work @default.
- W2048068855 sameAs 2048068855 @default.
- W2048068855 citedByCount "12" @default.
- W2048068855 countsByYear W20480688552012 @default.
- W2048068855 countsByYear W20480688552015 @default.
- W2048068855 countsByYear W20480688552021 @default.
- W2048068855 countsByYear W20480688552022 @default.
- W2048068855 crossrefType "journal-article" @default.
- W2048068855 hasAuthorship W2048068855A5053087794 @default.
- W2048068855 hasAuthorship W2048068855A5064533043 @default.
- W2048068855 hasConcept C10138342 @default.
- W2048068855 hasConcept C107235782 @default.
- W2048068855 hasConcept C137577040 @default.
- W2048068855 hasConcept C139569457 @default.
- W2048068855 hasConcept C144133560 @default.
- W2048068855 hasConcept C162118730 @default.
- W2048068855 hasConcept C162324750 @default.
- W2048068855 hasConcept C165339153 @default.
- W2048068855 hasConcept C2229670 @default.
- W2048068855 hasConcept C2777764128 @default.
- W2048068855 hasConcept C2779143981 @default.
- W2048068855 hasConcept C38652104 @default.
- W2048068855 hasConcept C41008148 @default.
- W2048068855 hasConcept C556758197 @default.
- W2048068855 hasConcept C65146658 @default.
- W2048068855 hasConcept C71387314 @default.
- W2048068855 hasConcept C73283319 @default.
- W2048068855 hasConcept C99221444 @default.
- W2048068855 hasConceptScore W2048068855C10138342 @default.
- W2048068855 hasConceptScore W2048068855C107235782 @default.
- W2048068855 hasConceptScore W2048068855C137577040 @default.
- W2048068855 hasConceptScore W2048068855C139569457 @default.
- W2048068855 hasConceptScore W2048068855C144133560 @default.
- W2048068855 hasConceptScore W2048068855C162118730 @default.
- W2048068855 hasConceptScore W2048068855C162324750 @default.
- W2048068855 hasConceptScore W2048068855C165339153 @default.
- W2048068855 hasConceptScore W2048068855C2229670 @default.
- W2048068855 hasConceptScore W2048068855C2777764128 @default.
- W2048068855 hasConceptScore W2048068855C2779143981 @default.
- W2048068855 hasConceptScore W2048068855C38652104 @default.
- W2048068855 hasConceptScore W2048068855C41008148 @default.
- W2048068855 hasConceptScore W2048068855C556758197 @default.
- W2048068855 hasConceptScore W2048068855C65146658 @default.
- W2048068855 hasConceptScore W2048068855C71387314 @default.
- W2048068855 hasConceptScore W2048068855C73283319 @default.
- W2048068855 hasConceptScore W2048068855C99221444 @default.
- W2048068855 hasIssue "2" @default.
- W2048068855 hasLocation W20480688551 @default.
- W2048068855 hasOpenAccess W2048068855 @default.
- W2048068855 hasPrimaryLocation W20480688551 @default.
- W2048068855 hasRelatedWork W2009849666 @default.