Collateral, Rationing, and Government Intervention in Credit Markets
收藏NBER1989-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3024
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资源简介:
This paper analyzes the effects of government intervention in credit markets when lenders use collateral, interest, and the probability of granting a loan as potential screening devices. Equilibria with and without rationing are examined. The principal theme is that credit policies operate through
提供机构:
美国国家经济研究局
创建时间:
1989-07-01



