Borrower Leakage from Costly Screening : Evidence from SME Lending in Peru
We provide evidence that commercial lenders in Peru suffer leakages in their loan approval process. Leveraging a discontinuity in the loan approval process of a large bank, we find that receiving a loan approval from the bank causes loan applicants to receive offers from other financial institutions...
| Main Authors: | , , , , |
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Elsevier
2022
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/36869 |