“…Gan (2007);Chaney, Sraer, and Thesmar (2012);Cvijanovic (2014);Kleiner (2015);Ersahin and Irani (2015);Bahaj, Foulis, and Pinter (2016).2 Jimenez, Ongena, Peydro, and Saurina (2012);Sette and Gobbi (2015); DeYoung, Gron, Torna, and Winton (2015);Bolton, Freixas, and Gambacorta (2016); Banerjee, Gambacorta, and Sette (2017);Beck, Degryse, De Haas, and Van Horen (2018).3 Jimenez, Salas, and Saurina (2006);Berger, Frame, and Ioannidou (2011). The findings of this literature are inconclusive.…”