Rules versus discretion in loan rate setting

By Geraldo Cerqueiro, Hans Degryse, Steven R. G. Ongena. 2010

200 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/f742fc02b31eb74fc0a9304bdd1af474dccac8ed

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. J. Grunert
2. Lars Norden
3. Raffaella Calabrese
4. Haibin Zhu

In Finance

1. J. Grunert
2. Lars Norden
3. Arindam Bandyopadhyay
4. Raffaella Calabrese
5. Haibin Zhu

Citations in the corpus

• Financial Expert CEOs: CEO’s Work Experience and Firm’s Financial Policies (2014, unknown): “There is also evidence of the importance of soft information in financial intermediation; examples are Stein (2002), Berger, Miller, Petersen, Rajan, and Stein (2005), and Cerqueiro, Degryse, and Ongena (2011).”
• Asymmetric Information and Imperfect Competition in Lending Markets (2018, unknown): “5068, higher than most of the studies cited in Cerqueiro et al. (2011), who argue that a higher R(2) based on observables reflects the prevalence of "rules" over "discretion" in interest rates setting.”
• Bargaining power and information in SME lending (2010, methodology): “The US data are from the Survey of Small Business Finance 2003 and include loans to 1,761 small firms (e.g., Board of Governors 2003; Mach and Wolken 2006; Cerqueiro et al. 2007; Park 2008).”