{"id":"https://openalex.org/W2127422210","doi":"https://doi.org/10.2139/ssrn.674482","title":"The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel","display_name":"The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel","publication_year":2005,"publication_date":"2005-01-01","ids":{"openalex":"https://openalex.org/W2127422210","doi":"https://doi.org/10.2139/ssrn.674482","mag":"2127422210"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.674482","doi":"https://doi.org/10.2139/ssrn.674482","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.674482","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.674482","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5032312501","display_name":"Jie Gan","orcid":"https://orcid.org/0000-0002-4573-7714","observed_orcids":["https://orcid.org/0000-0002-4573-7714"]},"institutions":[{"id":"https://openalex.org/I2592186","display_name":"Cheung Kong Graduate School of Business","ror":"https://ror.org/01cb10c90","country_code":"CN","type":"education","lineage":["https://openalex.org/I2592186"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Jie Gan","raw_affiliation_strings":["Cheung Kong Graduate School of Business, Oriental Plaza, Tower E3, One East Chang An Avenue, Beijing, 100738, China","Cheung Kong Graduate School of Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Cheung Kong Graduate School of Business, Oriental Plaza, Tower E3, One East Chang An Avenue, Beijing, 100738, China","institution_ids":["https://openalex.org/I2592186"]},{"raw_affiliation_string":"Cheung Kong Graduate School of Business","institution_ids":["https://openalex.org/I2592186"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5032312501"],"corresponding_institution_ids":["https://openalex.org/I2592186"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":106,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.951200008392334,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.951200008392334,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.03849999979138374,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.003700000001117587,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/asset-bubbles","display_name":"asset price bubbles","score":0.9710000157356262},{"id":"https://openalex.org/keywords/bank-lending-channel","display_name":"bank lending channel","score":0.8769999742507935},{"id":"https://openalex.org/keywords/bank-lending","display_name":"bank lending","score":0.609000027179718},{"id":"https://openalex.org/keywords/real-estate-market-collapse","display_name":"real estate market collapse","score":0.8610000014305115},{"id":"https://openalex.org/keywords/japanese-asset-price-bubble","display_name":"Japanese asset price bubble","score":0.7390000224113464},{"id":"https://openalex.org/keywords/fixed-investment","display_name":"fixed investment","score":0.7689999938011169},{"id":"https://openalex.org/keywords/stock-market-valuation","display_name":"stock market valuation","score":0.9710000157356262},{"id":"https://openalex.org/keywords/manufacturing-industry","display_name":"manufacturing industry","score":0.5609999895095825}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6059946417808533},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.538267970085144},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.5316586494445801},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4623855650424957},{"id":"https://openalex.org/C127162648","wikidata":"https://www.wikidata.org/wiki/Q16858953","display_name":"Channel (broadcasting)","level":2,"score":0.42288699746131897},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.36807316541671753},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3598286509513855},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.31990498304367065},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2139/ssrn.674482","doi":"https://doi.org/10.2139/ssrn.674482","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.674482","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:repository.hkust.edu.hk:1783.1-9227","doi":null,"is_oa":false,"landing_page_url":"http://repository.hkust.edu.hk/ir/Record/1783.1-9227","pdf_url":null,"source":{"id":"https://openalex.org/S4306401796","display_name":"Rare & Special e-Zone (The Hong Kong University of Science and Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I200769079","host_organization_name":"Hong Kong University of Science and Technology","host_organization_lineage":["https://openalex.org/I200769079"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Conference paper"}],"best_oa_location":{"id":"doi:10.2139/ssrn.674482","doi":"https://doi.org/10.2139/ssrn.674482","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.674482","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":62,"referenced_works":["https://openalex.org/W1488449625","https://openalex.org/W1499219625","https://openalex.org/W1513599996","https://openalex.org/W1523947101","https://openalex.org/W1526793969","https://openalex.org/W1530917181","https://openalex.org/W1545420549","https://openalex.org/W1548354348","https://openalex.org/W1561398298","https://openalex.org/W1569396840","https://openalex.org/W1588174690","https://openalex.org/W1589938327","https://openalex.org/W1861498838","https://openalex.org/W1926025273","https://openalex.org/W1933529014","https://openalex.org/W1968450183","https://openalex.org/W1970594241","https://openalex.org/W1978352128","https://openalex.org/W1981674651","https://openalex.org/W1999406276","https://openalex.org/W2016839669","https://openalex.org/W2018849787","https://openalex.org/W2020872716","https://openalex.org/W2043431305","https://openalex.org/W2046125621","https://openalex.org/W2047582865","https://openalex.org/W2051152277","https://openalex.org/W2055324653","https://openalex.org/W2058900719","https://openalex.org/W2061960194","https://openalex.org/W2063333733","https://openalex.org/W2064859708","https://openalex.org/W2069841552","https://openalex.org/W2072683182","https://openalex.org/W2073575615","https://openalex.org/W2077837364","https://openalex.org/W2098224216","https://openalex.org/W2106926746","https://openalex.org/W2108491286","https://openalex.org/W2134443358","https://openalex.org/W2135054946","https://openalex.org/W2139122730","https://openalex.org/W2143841915","https://openalex.org/W2148217156","https://openalex.org/W2148347284","https://openalex.org/W2149987483","https://openalex.org/W2151001799","https://openalex.org/W2168697602","https://openalex.org/W2523888598","https://openalex.org/W2889581903","https://openalex.org/W2891129921","https://openalex.org/W3121193531","https://openalex.org/W3122142145","https://openalex.org/W3122327925","https://openalex.org/W3122880855","https://openalex.org/W3124221926","https://openalex.org/W3124579857","https://openalex.org/W3125140669","https://openalex.org/W4210433538","https://openalex.org/W4229795914","https://openalex.org/W4285719527","https://openalex.org/W4388167966"],"related_works":["https://openalex.org/W7045628654","https://openalex.org/W2345948559","https://openalex.org/W2758864072","https://openalex.org/W7100612846","https://openalex.org/W3124687607","https://openalex.org/W2167599286","https://openalex.org/W6923973309","https://openalex.org/W3123423562","https://openalex.org/W7096050377","https://openalex.org/W1889020657"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":7},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":9},{"year":2018,"cited_by_count":11},{"year":2017,"cited_by_count":9},{"year":2016,"cited_by_count":7},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":5},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":7}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}