William R. (Federal Reserve Bank of Kansas City, USA) Keeton,
William R. Keeton
Equilibrium Credit Rationing
Gebonden Engels 2017 1e druk 9781138633643Levertijd ongeveer 11 werkdagen
Gratis verzonden
Samenvatting
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.
Specificaties
ISBN13:9781138633643
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:310
Uitgever:Taylor & Francis
Druk:1
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