Browsing by Subject "crowding-in"

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  • Peydró, José-Luis; Jiménez, Gabriel; Repullo, Rafael; Saurina, Jesús (2017-08-01)
    We analyze new lending to firms by a state-owned bank in crisis times, the potential adverse selection faced by the bank, and the causal real effects associated to its lending. For identification, we exploit: (i) a new ...