Loan Rates as Incentive Instruments
收藏数据链接：
官方服务：
资源简介：
Loan rates are usually viewed as prices that shape borrower incentives, but they can also serve another role in a principal-agent problem by determining how informative repayment is about unobservable effort inside the bank. I study how the two roles interact: because loan rates move repayment
提供机构：
美国国家经济研究局创建时间：
2026-09-01
