Nguyen, Hien - In: Cogent economics & finance 10 (2022) 1, pp. 1-24
banks tightening their lending standards on commercial and industrial (C&I) loans, with a much larger effect for medium …-large firms. The finding provides support for the Risk Management Hypothesis, under which banks decrease lending to risky …, signaling the channel of how firm risk transfers through the banking system to the rest of the economy. Finally, the impacts of …