Browsing ECO Working Papers by Subject "Borrowing Allocation"

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Browsing ECO Working Papers by Subject "Borrowing Allocation"

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    Title: The Structure of Multiple Credit Relationships: Evidence from US Firm  Author(s): GUISO, Luigi; MINNETTI, Raul Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...