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strong evidence that in Germany merging savings banks do not significantly change the extent to which they lend to small … merger related effects on small business lending in Germany from a bank-level perspective. Furthermore, we estimate small …
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This paper analyzes loan pricing when there is multiple banking and borrower distress. Using a unique data set on SME lending collected from major German banks, we can instrument for effective coordination between lenders, carrying out a panel estimation. The analysis allows to distinguish...
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