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: | Arraiz, Irani, Bruhn, Miriam, Roth, Benjamin N., Ruiz-Ortega, Claudia, Stucchi, Rodolfo |
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Format: | Journal Article |
Published: |
Elsevier
2022
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/36869 |
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