๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Borrowing constraints, income expectations and the Euler equation: Theory and evidence

โœ Scribed by Angelos A. Antzoulatos


Book ID
116102002
Publisher
Elsevier Science
Year
1994
Tongue
English
Weight
419 KB
Volume
45
Category
Article
ISSN
0165-1765

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Bank borrowing constraints and the deman
โœ Christina V. Atanasova; Nicholas Wilson ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 155 KB

## Abstract Monetary policy contractions exacerbate credit constraints stemming from asymmetric information, incentive problems and limited collateral. During such periods financial intermediaries reduce the supply of credit to smaller businesses. Although trade credit is a less desirable alternati