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...
| Autor Corporativo: | |
|---|---|
| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2008/188 |
| Acceso en liña: | Full text available on IMF |