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Bank Ownership and Credit Cycle: the lower sensitivity of public bank lending...
This paper examines empirically to which extent public banks feature a different pattern in their lending behaviour over macroeconomic fluctuations. Based on a unique... -
Heterogeneous Banking Efficiency : Allocative Distortions and Lending Fluctua...
This paper is a first attempt to connect the heterogeneity in bank efficiency with lending fluctuations and allocation efficiency: there is a trade-off between the two...
