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securitization, SME loans, moral hazard, adverse selection
Africa, economic history, history, slave trade
sovereign debt, bank lending channel, lending supply, real effects, firm investment
uncertainty, credit supply, bank lending channel, loan applications
centipede game, cognitive hierarchy, paradox backward induction
Bank credit, Reserve requirements, Interest rates on loans, Central banks, Bank liquidity, Negative interest rates, portfolio rebalancing, bank lending channel, liquiditymanagement, Eurozone crisis, interbank, credit supply, ex-ante, rebalance, negative rate
foreign banks, credit crunch, bank balance sheet channel, functional distance
sequential lending decisions, credit supply, winner’s curse, informational spillover
privacy, data retention, credit registers, limited records
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Adverse Selection, moral hazard, Securitization, SME loans