Credit Risk, Credit Rationing, and the Role of Banks: The Case of Risk Averse Lenders
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More about this item
Keywordsrisk aversion; costly state verification; credit rationing; bank;
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2005-03-06 (All new papers)
- NEP-CFN-2005-03-06 (Corporate Finance)
- NEP-ENT-2005-03-06 (Entrepreneurship)
- NEP-FIN-2005-03-06 (Finance)
- NEP-PKE-2005-03-06 (Post Keynesian Economics)
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