| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24365 |
| 来源ID | Working Paper 24365 |
| Stress Tests and Small Business Lending | |
| Kristle Cortés; Yuliya Demyanyk; Lei Li; Elena Loutskina; Philip E. Strahan | |
| 发表日期 | 2018-03-05 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Post-crisis stress tests have altered banks’ credit supply to small business. Banks affected by stress tests reduce credit supply and raise interest rates on small business loans. Banks price the implied increase in capital requirements from stress tests where they have local knowledge, and exit markets where they do not, as quantities fall most in markets where stress-tested banks do not own branches near borrowers, and prices rise mainly where they do. These reductions in supply are concentrated among risky borrowers. Stress tests do not, however, reduce aggregate credit. Small banks increase their share in geographies formerly reliant on stress-tested lenders. |
| 主题 | Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w24365 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582038 |
| 推荐引用方式 GB/T 7714 | Kristle Cortés,Yuliya Demyanyk,Lei Li,et al. Stress Tests and Small Business Lending. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24365.pdf（590KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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