Kwan, Simon H. - Federal Reserve Bank of San Francisco - 2010
This paper estimates the amount of tightening in bank commercial and industrial (C&I) loan rates during the financial … crisis. After controlling for loan characteristics and bank fixed effects, as of 2010:Q1, the average C&I loan spread was 66 … small banks; while small banks tended to tighten less, they always charged more. ; Using loan size to proxy for bank …