Skip to content

Schools

Traditional SearchSelf-Funded SearchIndependent Sponsor

Study

CurriculumLibraryFrameworksToolsEventsAboutPrograms
Join the community

Library/Entrepreneurial finance and credit guarantees

F2FT50

Loan guarantees and credit supply

Bachas, N., Kim, O. S., & Yannelis, C. (2021)

Journal of Financial Economics, 139(3), 872-894

Uses notches in the SBA guarantee rate schedule and bunching. A one percentage point increase in guarantee generosity raises per-loan lending volume by $19,000. (Abstract source: EconPapers/RePEc.)

Sourcedoi:10.1016/j.jfineco.2020.08.008144 citations (OpenAlex)

Full citation

Bachas, N., Kim, O. S., & Yannelis, C. (2021). Loan guarantees and credit supply. Journal of Financial Economics, 139(3), 872-894.

https://doi.org/10.1016/j.jfineco.2020.08.008

This page describes a work published elsewhere. The summary, where present, states what the authors claim; it is not the school's position. Read the source before quoting a figure.