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further split the samples of countries on the basis of the median levels of lending and the deposit rate spread, foreign bank …
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operates via the dynamics of the expected marginal product of capital. Since capital is partly financed by bank loans, a higher …
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This paper studies how competition among potential underwriters affects the pricing process of institutional loans. Underwriters trade off between setting the initial loan rates aggressively low in order to win underwriting mandates and having to adjust the rates upward in the book-building...
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estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to …
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