Paper 8: Cross-subsidization of Bad Credit in a Lending Crisis
Nikolaos Artavanis*, Lousiana State University
Brian Jonghwan Lee, Columbia Business School
Stavros Panageas, UCLA Anderson School of Management and NBER
Margarita Tsoutsoura, Washington University in St. Louis, CEPR, ECGI, NBER
Discussant: Diana Bonfim, Banco de Portugal and ECB