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On the Foundations of Credit Rationing
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On the Foundations of Credit Rationing

2024 ed.

Book Details

Format Paperback / Softback
ISBN-10 3658444878
ISBN-13 9783658444877
Edition 2024 ed.
Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint Springer Gabler
Country of Manufacture GB
Country of Publication GB
Publication Date May 31st, 2024
Print length 140 Pages
Ksh 14,400.00
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Helena Maria Krebs analyzes equilibrium credit rationing when banks compete for loans and deposits in a double-sided Bertrand game. The author reveals the important role of bank equity and its distribution: Banks with high equity offer cheap loans and reject superfluous loan applicants, whom banks with low equity then offer expensive loans.

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