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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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Bibliographic Details
Published in:Journal of banking & finance 1998-08, Vol.22 (6-8), p.1015
Main Author: Eisenbeis, R A
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.
ISSN:0378-4266
1872-6372
DOI:10.1016/S0378-4266(98)00037-5