Equilibrium Credit Rationing

Language: English

Published by Taylor and Francis Ltd, GB, 2017

113863364X / 9781138633643

Series: Book 5 of 10 - Routledge Library Editions: Monetary Economics

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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.

Seller Inventory # LU-9781138633643

Title
Equilibrium Credit Rationing
Author
William R. Keeton
Publisher
Taylor and Francis Ltd, GB
Publication year
2017
Condition
New
Binding
Hardback
Language
English
ISBN 10
113863364X
ISBN 13
9781138633643
Item weight
453 grams
Series
Book 5 of 10: Routledge Library Editions: Monetary Economics

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