Flight to Quality or to Captivity : Information and Credit Allocation /

Superior information exchanged over the course of lending relationships generates bank-client specificities to the extent that such information cannot be communicated credibly to outsiders. Consequently, banks obtain higher profits from more captured borrowers than from borrowers with financing alte...

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Xehetasun bibliografikoak
Egile nagusia: Dell'Ariccia, Giovanni
Beste egile batzuk: Marquez, Robert
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2001.
Saila:IMF Working Papers; Working Paper ; No. 2001/020
Sarrera elektronikoa:Full text available on IMF

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