Equilibrium Credit Rationing

Business & Finance, Economics, Money & Monetary Policy
Cover of the book Equilibrium Credit Rationing by William R. Keeton, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: William R. Keeton ISBN: 9781351798914
Publisher: Taylor and Francis Publication: April 28, 2017
Imprint: Routledge Language: English
Author: William R. Keeton
ISBN: 9781351798914
Publisher: Taylor and Francis
Publication: April 28, 2017
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Norway in Transition by William R. Keeton
Cover of the book Driver Behaviour and Training: Volume VI by William R. Keeton
Cover of the book Generations by William R. Keeton
Cover of the book Regional Development through Ecological Business by William R. Keeton
Cover of the book Quality Improvement in Education by William R. Keeton
Cover of the book The Knowledge Management Yearbook 2000-2001 by William R. Keeton
Cover of the book The European Mainstream and the Populist Radical Right by William R. Keeton
Cover of the book Syntactic Issues in the English Imperative by William R. Keeton
Cover of the book English Transcription Course by William R. Keeton
Cover of the book Women In Early Modern England, 1500-1700 by William R. Keeton
Cover of the book Explorations in Daoism by William R. Keeton
Cover of the book A Publisher and his Circle by William R. Keeton
Cover of the book France and the Algerian Conflict by William R. Keeton
Cover of the book Identity, Reconciliation and Transitional Justice by William R. Keeton
Cover of the book The Culture of Welfare Markets by William R. Keeton
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy