๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Optimal borrowing and bank lending policies: An interactive approach

โœ Scribed by Zvi Lieber; Yair E. Orgler


Book ID
116134528
Publisher
Elsevier Science
Year
1986
Tongue
English
Weight
665 KB
Volume
10
Category
Article
ISSN
0378-4266

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


International Bank Lending to LDCs: An I
โœ Prasanna. S. Gai ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 169 KB

The model demonstrates that the total lending that takes place in such an environment is higher than optimal, i.e. higher than the level of lending that would have occurred if both banks had full information about the debtor. The debtor, for its part, realises that lending will be higher and related