Do Incumbents Manipulate Access to Finance During Banking Crises?
The author tests the hypothesis that during systemic banking crises, access to finance is opportunistically tightened by incumbents to eliminate or weaken competition from mainly young firms. He finds this to be especially true in more corrupt countries. To do so, he uses a methodology similar to Ra...
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Format: | Publications & Research |
Language: | English |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2005/07/6048663/incumbents-manipulate-access-finance-during-banking-crises http://hdl.handle.net/10986/8209 |