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On the Foundations of Credit Rationing

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Product details

Management number 201821982 Release Date 2025/10/08 List Price $39.93 Model Number 201821982
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Format: Paperback / softback
Length: 140 pages
Publication date: 31 May 2024
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

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.


Dimension: 210 x 148 (mm)
ISBN-13: 9783658444877
Edition number: 2024 ed.


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