Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships
- 1 September 1990
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 45 (4) , 1069
- https://doi.org/10.2307/2328715
Abstract
Customer relationships arise between banks and firms because, in the process of lending, a bank learns more than others about its own customers. This informatio...Keywords
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