Monitoring and Commitment in Bank Lending Behavior /
The paper proposes a theoretical argument on the nature of bank lending, based on the idea that, through commitment and monitoring, banks overcome basic informational asymmetries with borrowers. By bringing together loan commitment theories and credit rationing theories, the paper shows that, within...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Loạt: | IMF Working Papers; Working Paper ;
No. 2005/222 |
| Truy cập trực tuyến: | Full text available on IMF |