FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W4376602013> ?p ?o ?g. }

• W4376602013 endingPage "141" @default.
• W4376602013 startingPage "115" @default.
• W4376602013 abstract "Implicit guarantees provided by financial intermediaries are a key component of China's shadow banking sector. We show theoretically that project screening by intermediaries, accompanied by their implicit guarantees to investors, can be the second-best arrangement and mitigate capital misallocation that favors state-owned enterprises (SOEs). Using a dataset of trusts’ investment products, we find, consistent with our model, that ex ante expected yields reflect borrower risks and implicit guarantee strength, and risk sensitivity is reduced by strong guarantees. Regulations in 2018 restricting implicit guarantees lead to a weaker relationship between yield spread and guarantee strength, and more credit rationing of non-SOEs." @default.
• W4376602013 created "2023-05-17" @default.
• W4376602013 creator A5004963468 @default.
• W4376602013 creator A5016038237 @default.
• W4376602013 creator A5039431610 @default.
• W4376602013 creator A5046672528 @default.
• W4376602013 creator A5051966809 @default.
• W4376602013 date "2023-08-01" @default.
• W4376602013 modified "2023-09-30" @default.
• W4376602013 title "Implicit guarantees and the rise of shadow banking: The case of trust products" @default.
• W4376602013 cites W1558603519 @default.
• W4376602013 cites W1604285089 @default.
• W4376602013 cites W1975703787 @default.
• W4376602013 cites W2003600677 @default.
• W4376602013 cites W2066956110 @default.
• W4376602013 cites W2098723702 @default.
• W4376602013 cites W2115304159 @default.
• W4376602013 cites W2269798736 @default.
• W4376602013 cites W2543658475 @default.
• W4376602013 cites W2606704068 @default.
• W4376602013 cites W2610555458 @default.
• W4376602013 cites W2614051658 @default.
• W4376602013 cites W2753335427 @default.
• W4376602013 cites W2785299472 @default.
• W4376602013 cites W3044213233 @default.
• W4376602013 cites W3121205121 @default.
• W4376602013 cites W3121871767 @default.
• W4376602013 cites W3122621141 @default.
• W4376602013 cites W3122843659 @default.
• W4376602013 cites W3124536211 @default.
• W4376602013 cites W3124780179 @default.
• W4376602013 cites W3125612270 @default.
• W4376602013 cites W3126116310 @default.
• W4376602013 cites W4205111837 @default.
• W4376602013 cites W4245678924 @default.
• W4376602013 cites W4286001535 @default.
• W4376602013 cites W4295885436 @default.
• W4376602013 doi "https://doi.org/10.1016/j.jfineco.2023.04.012" @default.
• W4376602013 hasPublicationYear "2023" @default.
• W4376602013 type Work @default.
• W4376602013 citedByCount "5" @default.
• W4376602013 countsByYear W43766020132022 @default.
• W4376602013 countsByYear W43766020132023 @default.
• W4376602013 crossrefType "journal-article" @default.
• W4376602013 hasAuthorship W4376602013A5004963468 @default.
• W4376602013 hasAuthorship W4376602013A5016038237 @default.
• W4376602013 hasAuthorship W4376602013A5039431610 @default.
• W4376602013 hasAuthorship W4376602013A5046672528 @default.
• W4376602013 hasAuthorship W4376602013A5051966809 @default.
• W4376602013 hasBestOaLocation W43766020131 @default.
• W4376602013 hasConcept C10138342 @default.
• W4376602013 hasConcept C117797892 @default.
• W4376602013 hasConcept C122251271 @default.
• W4376602013 hasConcept C134121241 @default.
• W4376602013 hasConcept C139569457 @default.
• W4376602013 hasConcept C139719470 @default.
• W4376602013 hasConcept C144133560 @default.
• W4376602013 hasConcept C15744967 @default.
• W4376602013 hasConcept C162324750 @default.
• W4376602013 hasConcept C166957645 @default.
• W4376602013 hasConcept C175025494 @default.
• W4376602013 hasConcept C175444787 @default.
• W4376602013 hasConcept C17744445 @default.
• W4376602013 hasConcept C191897082 @default.
• W4376602013 hasConcept C192562407 @default.
• W4376602013 hasConcept C199539241 @default.
• W4376602013 hasConcept C26517878 @default.
• W4376602013 hasConcept C27548731 @default.
• W4376602013 hasConcept C2778137473 @default.
• W4376602013 hasConcept C38652104 @default.
• W4376602013 hasConcept C41008148 @default.
• W4376602013 hasConcept C542102704 @default.
• W4376602013 hasConcept C556758197 @default.
• W4376602013 hasConcept C65146658 @default.
• W4376602013 hasConcept C83646750 @default.
• W4376602013 hasConcept C94625758 @default.
• W4376602013 hasConcept C95457728 @default.
• W4376602013 hasConceptScore W4376602013C10138342 @default.
• W4376602013 hasConceptScore W4376602013C117797892 @default.
• W4376602013 hasConceptScore W4376602013C122251271 @default.
• W4376602013 hasConceptScore W4376602013C134121241 @default.
• W4376602013 hasConceptScore W4376602013C139569457 @default.
• W4376602013 hasConceptScore W4376602013C139719470 @default.
• W4376602013 hasConceptScore W4376602013C144133560 @default.
• W4376602013 hasConceptScore W4376602013C15744967 @default.
• W4376602013 hasConceptScore W4376602013C162324750 @default.
• W4376602013 hasConceptScore W4376602013C166957645 @default.
• W4376602013 hasConceptScore W4376602013C175025494 @default.
• W4376602013 hasConceptScore W4376602013C175444787 @default.
• W4376602013 hasConceptScore W4376602013C17744445 @default.
• W4376602013 hasConceptScore W4376602013C191897082 @default.
• W4376602013 hasConceptScore W4376602013C192562407 @default.
• W4376602013 hasConceptScore W4376602013C199539241 @default.
• W4376602013 hasConceptScore W4376602013C26517878 @default.
• W4376602013 hasConceptScore W4376602013C27548731 @default.
• W4376602013 hasConceptScore W4376602013C2778137473 @default.
• W4376602013 hasConceptScore W4376602013C38652104 @default.
• W4376602013 hasConceptScore W4376602013C41008148 @default.

• next