Related Books
Language: en
Pages: 176
Pages: 176
Type: BOOK - Published: 2003-08-21 - Publisher: Cambridge University Press
Asymmetric information (the fact that borrowers have better information than their lenders) and its theoretical and practical evidence now forms part of the bas
Language: en
Pages: 208
Pages: 208
Type: BOOK - Published: 1993 - Publisher: Dartmouth Publishing Company
The study of the interaction between the financial sector and the sector of the economy is one of the most recent advances in macroeconomic theory. While mainst
Language: en
Pages: 32
Pages: 32
Type: BOOK - Published: 1998-06-01 - Publisher: International Monetary Fund
The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All
Language: en
Pages: 199
Pages: 199
Type: BOOK - Published: 1997-04-07 - Publisher: Bloomsbury Publishing
This book presents recent developments in the economics of asymmetric information. The problems of selection and moral hazard, with hidden actions or hidden inf
Language: en
Pages: 354
Pages: 354
Type: BOOK - Published: 2009-05-15 - Publisher: University of Chicago Press
In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that fi