Download or read book Credit Rationing and the Commercial Loan Market written by Dwight M. Jaffee and published by John Wiley & Sons. This book was released on 1971 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Rationing and the Commercial Loan Market written by and published by . This book was released on 1971 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Commercial Loan Markets and Credit Rationing written by Michael Joachim Bischof and published by . This book was released on 1996 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines the U.S. market for commercial loans in the context of asymmetric information and credit rationing. I estimate the quantitative importance of credit rationing in recent years at the state level and for the entire economy. The state level--as opposed to the national level--is chosen to account for state-specific regulatory and institutional structures, and to correctly approach the problems of aggregation of markets in disequilibrium.
Download or read book Credit Rationing written by Benjamin M. Friedman and published by . This book was released on 1972 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Rationing in Non metropolitan Markets for Small Business Loans written by Julia Friedman and published by . This book was released on 1988 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Liberalization and Intervention written by Santonu Basu and published by Edward Elgar Publishing. This book was released on 2002 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basu (business, South Bank U., London) examines why policies of financial liberalization and intervention have failed to improve all borrowers' access to the loan market. His theory of credit rationing introduces the concepts of credit standard and credit risk as a way of understanding why bankers ration credit to some while offering loans to others. The text is based upon the author's Ph.D. dissertation. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Estimation of a Disequilibrium Model of the United States Commercial Loan Market written by Laura E. Creasy and published by . This book was released on 1995 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Loss Recoveries Realized Excess Returns and Credit Rationing in the Commercial Mortgage Market written by Brian A. Ciochetti and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we exploit loan level data combining foreclosure histories with information about the revenues and expenses associated with the ongoing management and eventual sale of financially distressed loans to estimate the magnitude of realized excess returns on commercial mortgages. Our findings are striking. We find that average realized excess returns on commercial mortgages are the lowest at the best times a la Stiglitz and Weiss [1981]. We also find that excess realized returns on commercial mortgages are low when lenders are swamped with funds (which we measure by the volume of commercial mortgage commitments) and when promised spreads are low.
Download or read book An Analysis of Credit and Equilibrium Credit Rationing written by Ying Wu and published by Routledge. This book was released on 2017-05-18 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study, first published in 1994, is intended to deepen the readers understanding of the phenomenon of equilibrium credit rationing in two areas. The first area concerns the form that equilibrium credit rationing assumes and its importance in determining the behaviour of interest rates. The second concerns the role of equilibrium credit rationing in transmitting monetary shocks to the real sector. This title will be of interest to students of monetary economics.
Download or read book Credit Rationing Money Market Innovations and the Monetary Transmission Mechanism in Japan written by Chong-Soo An and published by . This book was released on 1990 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Foundations of Credit Rationing written by Helena Maria Krebs and published by Springer Nature. This book was released on with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business Administration 7 a Loan Program Needs Additional Performance Measures written by and published by DIANE Publishing. This book was released on 2007 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Equilibrium Credit Rationing written by William R. Keeton and published by Routledge. This book was released on 2017-04-28 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Commercial Banks Sovereign Loan Lending Behavior and Loan Portfolio Analysis written by Hua Yu and published by . This book was released on 1989 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Markets for the Poor written by Patrick Bolton and published by Russell Sage Foundation. This book was released on 2005-06-30 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Access to credit is an important means of providing people with the opportunity to make a better life for themselves. Loans are essential for most people who want to purchase a home, start a business, pay for college, or weather a spell of unemployment. Yet many people in poor and minority communities—regardless of their creditworthiness—find credit hard to come by, making the climb out of poverty extremely difficult. How dire are the lending markets in these communities and what can be done to improve access to credit for disadvantaged groups? In Credit Markets for the Poor, editors Patrick Bolton and Howard Rosenthal and an expert team of economists, political scientists, and legal and business scholars tackle these questions with shrewd analysis and a wealth of empirical data. Credit Markets for the Poor opens by examining what credit options are available to poor households. Economist John Caskey profiles how weak credit options force many working families into a disastrous cycle of short-term, high interest loans in order to sustain themselves between paychecks. Löic Sadoulet explores the reasons that community lending organizations, which have been so successful in developing countries, have failed in more advanced economies. He argues the obstacles that have inhibited community lending groups in industrialized countries—such as a lack of institutional credibility and the high cost of establishing lending networks—can be overcome if banks facilitate the community lending process and establish a system of repayment insurance. Credit Markets for the Poor also examines how legal institutions affect the ability of the poor to borrow. Daniela Fabbri and Mario Padula argue that well-meaning provisions making it more difficult for lenders to collect on defaulted loans are actually doing a disservice to the poor in credit markets. They find that in areas with lax legal enforcement of debt agreements, credit markets for the poor are underdeveloped because lenders are unwilling to take risks on issuing credit or will do so only at exorbitant interest rates. Timothy Bates looks at programs that facilitate small-business development and finds that they have done little to reduce poverty. He argues that subsidized business creation programs may lure inexperienced households into entrepreneurship in areas where little profitable investment is possible, hence setting them up for failure. With clarity and insightful analysis, Credit Markets for the Poor demonstrates how weak credit markets are impeding the social and economic mobility of the needy. By detailing the many disadvantages that impoverished people face when seeking to borrow, this important new volume highlights a significant national problem and offers solutions for the future.
Download or read book Bank Lending in the Knowledge Economy written by Mr.Giovanni Dell'Ariccia and published by International Monetary Fund. This book was released on 2017-11-07 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study bank portfolio allocations during the transition of the real sector to a knowledge economy in which firms use less tangible capital and invest more in intangible assets. We show that, as firms shift toward intangible assets that have lower collateral values, banks reallocate their portfolios away from commercial loans toward other assets, primarily residential real estate loans and liquid assets. This effect is more pronounced for large and less well capitalized banks and is robust to controlling for real estate loan demand. Our results suggest that increased firm investment in intangible assets can explain up to 20% of bank portfolio reallocation from commercial to residential lending over the last four decades.
Download or read book Commercial Bank Loan and Investment Behaviour written by John Harold Wood and published by John Wiley & Sons. This book was released on 1975 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
