Equilibrium Credit Rationing Routledge Library Editions: Monetary Economics Series
Auteur : Keeton William R.
This study, first published in 1979, examines and contrasts two concepts of credit rationing. The first concept takes the relevant price of credit to be the explicit interest rate on the loan and defines the demand for credit as the amount an individual borrower would like to receive at that rate. Under the alternative definition, the price of credit consists of the complete set of loan terms confronting a class of borrowers with given characteristics, while the demand for credit equals the total number of loan which members of the class would like to receive at those terms. This title will be of interest to students of monetary economics.
Abstract; Acknowledgements; List of Symbols; 1. Competitive Markets for Nonhomogenous Goods: An Application to the Theory of Credit Rationing 2. An Analysis of Loan Rate Ceilings 3. Moral Hazard and Equilibrium Credit Rationing; Biography
Date de parution : 11-2018
15.6x23.4 cm
Disponible chez l'éditeur (délai d'approvisionnement : 14 jours).
Prix indicatif 64,75 €
Ajouter au panierDate de parution : 04-2017
15.6x23.4 cm
Disponible chez l'éditeur (délai d'approvisionnement : 14 jours).
Prix indicatif 188,53 €
Ajouter au panierThèmes d’Equilibrium Credit Rationing :
Mots-clés :
Economics; Economy; Credit; Monetary; Rationing; Equilibrium Loan; Iso-profit Curve; Loan Rate; Cumulative Distribution Function; Equilibrium Credit Rationing; Loan Size; Loan Rate Ceiling; Opportunity Rate; Equilibrium Point; Banks Ration Credit; Iso-utility Curve; Short Run Equilibrium; Firm’s Total Profits; Adverse Indirect Effect; Borrower’s Choice; Contract Curve; Total Lending; Naive Model; Project Characteristics; Greater Labor Intensity; Implicit Price; Marginal Returns