Innovation in Banking and Excessive Loan Growth.

The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management. It is shown that, under asymmetric information, banks may therefore rationally lend more than they would otherwise in order to demonstrate their quality, thus negatively affecting...

Deskribapen osoa

Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2008.
Saila:IMF Working Papers; Working Paper ; No. 2008/188
Sarrera elektronikoa:Full text available on IMF