Who Supplies PPP Loans (and Does It Matter)? Banks, Relationships, and the COVID Crisis
Who Supplies PPP Loans (and Does It Matter)? Banks, Relationships, and the COVID Crisis
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New York, USA: Cambridge University Press
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Language
English
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Publisher
New York, USA: Cambridge University Press
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Contents
We analyze the bank supply of credit under the Paycheck Protection Program (PPP). The literature emphasizes relationships as a means to improve lender information, which helps banks manage credit risk. Despite imposing no risk, however, the PPP supply reflects traditional measures of relationship lending: decreasing in bank size and increasing in p...
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Full title
Who Supplies PPP Loans (and Does It Matter)? Banks, Relationships, and the COVID Crisis
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TN_cdi_proquest_journals_2730669607
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2730669607
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ISSN
0022-1090
E-ISSN
1756-6916
DOI
10.1017/S0022109021000405
