Credit Rationing in Markets with Imperfect Information
Joseph E. Stiglitz, Andrew Weiss
Abstract
Joseph E. Stiglitz, Andrew Weiss
Abstract
Stiglitz and Weiss explain credit rationing in markets with imperfect information.
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Stiglitz and Weiss explain credit rationing in markets with imperfect information.
Key concepts: Credit rationing, Collateral, Economics, Loan, Rationing, Credit crunch, Interest rate, Monetary economics