Fungáčová, Zuzana; Schoors, Koen J. L.; Solanko, Laura; … - 2021
State-owned banks tend to increase lending before elections for the purpose of boosting the reelection odds of … incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before … both state-owned and private banks increased their lending before presidential elections. This result stands for all loans …