Matches in SemOpenAlex for { <https://semopenalex.org/work/W2145535031> ?p ?o ?g. }
- W2145535031 abstract "We propose a heteroscedastic regression model to identify the determinants of the dispersion in interest rates on loans granted to small and medium sized enterprises. We interpret unexplained deviations as evidence of the banks' discretionary use of market power in the loan rate setting process. Discretion in the loan-pricing process is most important, we find, if: (i) loans are small and uncollateralized; (ii) firms are small, risky and difficult to monitor; (iii) firms' owners are older, and, (iv) the banking market where the firm operates is large and highly concentrated. We also find that the weight of discretion in loan rates of small credits to opaque firms has decreased somewhat over the last fifteen years, consistent with the proliferation of information-technologies in the banking industry. Overall, our results reflect the relevance in the credit market of the costs firms face in searching information and switching lenders." @default.
- W2145535031 created "2016-06-24" @default.
- W2145535031 creator A5032897058 @default.
- W2145535031 creator A5047308258 @default.
- W2145535031 creator A5088788655 @default.
- W2145535031 date "2007-01-01" @default.
- W2145535031 modified "2023-09-30" @default.
- W2145535031 title "Rules versus Discretion in Loan Rate Setting" @default.
- W2145535031 cites W1480368940 @default.
- W2145535031 cites W1500740180 @default.
- W2145535031 cites W1534890545 @default.
- W2145535031 cites W1556513643 @default.
- W2145535031 cites W1561398298 @default.
- W2145535031 cites W1594293400 @default.
- W2145535031 cites W1598953867 @default.
- W2145535031 cites W1602793704 @default.
- W2145535031 cites W1913229544 @default.
- W2145535031 cites W1970594241 @default.
- W2145535031 cites W1971621787 @default.
- W2145535031 cites W1985416593 @default.
- W2145535031 cites W1986903447 @default.
- W2145535031 cites W1997680144 @default.
- W2145535031 cites W2005294649 @default.
- W2145535031 cites W2007162470 @default.
- W2145535031 cites W2017732813 @default.
- W2145535031 cites W2021903477 @default.
- W2145535031 cites W2024303635 @default.
- W2145535031 cites W2025777407 @default.
- W2145535031 cites W2029792205 @default.
- W2145535031 cites W2044464163 @default.
- W2145535031 cites W2045888345 @default.
- W2145535031 cites W2049640673 @default.
- W2145535031 cites W2050665938 @default.
- W2145535031 cites W2054233582 @default.
- W2145535031 cites W2055324653 @default.
- W2145535031 cites W2058404065 @default.
- W2145535031 cites W2065091890 @default.
- W2145535031 cites W2066134684 @default.
- W2145535031 cites W2068817726 @default.
- W2145535031 cites W2069489381 @default.
- W2145535031 cites W2072240594 @default.
- W2145535031 cites W2095513865 @default.
- W2145535031 cites W2096732389 @default.
- W2145535031 cites W2098429478 @default.
- W2145535031 cites W2105762482 @default.
- W2145535031 cites W2107799679 @default.
- W2145535031 cites W2107894429 @default.
- W2145535031 cites W2111504671 @default.
- W2145535031 cites W2112341467 @default.
- W2145535031 cites W2121635004 @default.
- W2145535031 cites W2125418034 @default.
- W2145535031 cites W2130251224 @default.
- W2145535031 cites W2136513790 @default.
- W2145535031 cites W2139115838 @default.
- W2145535031 cites W2143841915 @default.
- W2145535031 cites W2146142289 @default.
- W2145535031 cites W2157801094 @default.
- W2145535031 cites W2160797051 @default.
- W2145535031 cites W2161262830 @default.
- W2145535031 cites W2161530598 @default.
- W2145535031 cites W2167141920 @default.
- W2145535031 cites W2168123127 @default.
- W2145535031 cites W3022514937 @default.
- W2145535031 cites W3023126729 @default.
- W2145535031 cites W3121366275 @default.
- W2145535031 cites W3121839383 @default.
- W2145535031 cites W3121868779 @default.
- W2145535031 cites W3122111546 @default.
- W2145535031 cites W3122424005 @default.
- W2145535031 cites W3123242802 @default.
- W2145535031 cites W3123555426 @default.
- W2145535031 cites W3123851159 @default.
- W2145535031 cites W3123999138 @default.
- W2145535031 cites W3124181405 @default.
- W2145535031 cites W3124226976 @default.
- W2145535031 cites W3124265925 @default.
- W2145535031 cites W3124451138 @default.
- W2145535031 cites W3124962163 @default.
- W2145535031 cites W3125044503 @default.
- W2145535031 cites W3125122628 @default.
- W2145535031 cites W3125390973 @default.
- W2145535031 cites W3125466469 @default.
- W2145535031 cites W3125916679 @default.
- W2145535031 cites W3126127371 @default.
- W2145535031 cites W953353200 @default.
- W2145535031 doi "https://doi.org/10.2139/ssrn.965447" @default.
- W2145535031 hasPublicationYear "2007" @default.
- W2145535031 type Work @default.
- W2145535031 sameAs 2145535031 @default.
- W2145535031 citedByCount "29" @default.
- W2145535031 countsByYear W21455350312012 @default.
- W2145535031 countsByYear W21455350312013 @default.
- W2145535031 countsByYear W21455350312015 @default.
- W2145535031 countsByYear W21455350312017 @default.
- W2145535031 crossrefType "journal-article" @default.
- W2145535031 hasAuthorship W2145535031A5032897058 @default.
- W2145535031 hasAuthorship W2145535031A5047308258 @default.
- W2145535031 hasAuthorship W2145535031A5088788655 @default.
- W2145535031 hasBestOaLocation W21455350312 @default.
- W2145535031 hasConcept C10138342 @default.