Avramidis, Panagiotis; Serfes, Konstantinos; Wu, Kejia - 2021
Do policies that promote credit access have an impact on targeted borrowers? To address this question, we develop a … to an improvement in the credit score of small businesses. However, the effect vanishes in markets with high demand …-adjusted bank competition, due to weaker bank incentives for information production. In order to improve credit allocation across …