The Allocation of Credit and Financial Collapse
收藏NBER1986-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1786
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资源简介：
This paper examines the allocation of credit in a market in which borrowers have greater information concerning their own riskiness than do lenders. It illustrates (1) the allocation of credit is inefficientand at times can be improved by government intervention, and (2) small changes in the
提供机构：
美国国家经济研究局
创建时间：
1986-01-01
