Free Riding in Loan Approvals : Evidence from SME Lending in Peru
This paper provides evidence that commercial lenders in Peru free ride off their peers' screening efforts. Leveraging a discontinuity in the loan approval process of a large bank, the study finds that competing lenders responded to additional...
| Main Authors: | , , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/203711575382940042/Free-Riding-in-Loan-Approvals-Evidence-from-SME-Lending-in-Peru http://hdl.handle.net/10986/33016 |