Suggestions(1)
Exact(6)
Greater emphasis on the quality of borrowers will mean that risk should become more predictable.
We control for the quality of borrowers by using region and industry fixed effects.
A valid instrument must be correlated with the growth of capital while uncorrelated with the quality of borrowers in 2009.
The alternative hypothesis we examine is that such inward shift is associated instead to a reassessment of the quality of borrowers.
In a separate analysis we use loan-level data to examine the robustness of the estimates once we control for the quality of borrowers by means of firm-year dummies.
The response of credit growth to banks' exposure to real estate development and its interaction with local house prices does not depend greatly either on the degree of the data aggregation or on whether or not we control for the quality of borrowers by means of firm-year fixed effects.
Similar(54)
According to the complaint, Countrywide did not disclose that "the hustle" eliminated many checks on the quality of the borrowers when it sold the loans to Fannie and Freddie.
These lenders typically attract entrepreneurs with tattered credit ratings, but with money tight all over, the quality of MCA borrowers is on the rise.
"It will depend on the quality of the borrower and how much volume the lender wants".
"The quality of the borrower is not what it was a year ago," Mr. Moore said, citing the weak economy as the reason banks are more reluctant to lend.
By 2006, as lenders became to rely increasingly in noisy FICO scores and LTVs as sufficient statistics for the quality of the borrower, this figure approached a full 50%% of new subprime originations.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com