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Browsing Department of Economics (ECO) by Subject "borrowing allocation"
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Title:The Structure of Multiple Credit Relationships: Evidence From US Firms
Author(s):GUISO, Luigi; MINETTI, RaoulDate:2010Type of Publication:ArticleAbstract:When firms borrow from multiple concentrated creditors such as banks they appear to differentiate their allocation of borrowing. In this paper, we put forward hypotheses for this borrowing pattern based on incomplete ...