Are There Competitive Concerns in "Middle Market" Lending?
David Benson and
Ken Onishi
No 2020-08-10, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
This note analyzes competition and concentration in "middle market" lending using loan level data obtained from large bank holding companies' Y14 reports to the Federal Reserve. The middle market segment is typically considered to be credit for firms larger than small businesses but too small for large-scale commercial lending or syndicated credit. Lender choice and the supply of credit to large and small firms has been studied extensively by academics and policy makers.
Date: 2020-08-10
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-08-10
DOI: 10.17016/2380-7172.2618
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