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Objective: The objective of this article is to investigate the behaviours of the Ukrainian lending rate, deposit rate, and intermediation premium from January 2000 to January 2019, or the post-1999 era. Research Design & Methods: The Perron’s (1997) endogenous unit root test, the Threshold...
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borrowers with limited alternative credit options. Our result is not explained by borrower or bank fundamentals but is …
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