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Comment on Hancock and Wilcox
Hancock and Wilcox (1998) investigates interesting and relevant questions related to the impacts of the so-called credit crunch, which occurred in the 1988-1992 period, on lending to small businesses and the role, if any, played by the Small Business Administration lending programs to cushion firms...
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Published in: | Journal of banking & finance 1998-08, Vol.22 (6-8), p.1015 |
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Main Author: | |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Hancock and Wilcox (1998) investigates interesting and relevant questions related to the impacts of the so-called credit crunch, which occurred in the 1988-1992 period, on lending to small businesses and the role, if any, played by the Small Business Administration lending programs to cushion firms from shocks to credit availability. The authors could do more to provide both a theoretical structure for the empirical work and a stronger rationale for why they include the specific variables in the forms they did in their models. |
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ISSN: | 0378-4266 1872-6372 |
DOI: | 10.1016/S0378-4266(98)00037-5 |