SECURED LENDING AND DEFAULT RISK - EQUILIBRIUM-ANALYSIS, POLICY IMPLICATIONS AND EMPIRICAL RESULTS

被引：201

作者：

BOOT, AWA

THAKOR, AV

UDELL, GF

机构：

[1] INDIANA UNIV,BLOOMINGTON,IN 47401

[2] NYU,NEW YORK,NY 10003

来源：

ECONOMIC JOURNAL | 1991年 / 101卷 / 406期

关键词：

D O I：

10.2307/2233552

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

引用

页码：458 / 472

页数：15

共 20 条

[1]

AVERY R, 1988, FINANCE EC DISCUSSIO

[2] LOAN MARKET, COLLATERAL, AND RATES OF INTEREST [J].

BARRO, RJ .

JOURNAL OF MONEY CREDIT AND BANKING, 1976, 8 (04) :439-456

[3] COLLATERAL, LOAN QUALITY, AND BANK RISK [J].

BERGER, AN ;

UDELL, GF .

JOURNAL OF MONETARY ECONOMICS, 1990, 25 (01) :21-42

[4] COMPETITIVE-EQUILIBRIUM IN THE CREDIT MARKET UNDER ASYMMETRIC INFORMATION [J].

BESANKO, D ;

THAKOR, AV .

JOURNAL OF ECONOMIC THEORY, 1987, 42 (01) :167-182

[5] COLLATERAL AND RATIONING - SORTING EQUILIBRIA IN MONOPOLISTIC AND COMPETITIVE CREDIT MARKETS [J].

BESANKO, D ;

THAKOR, AV .

INTERNATIONAL ECONOMIC REVIEW, 1987, 28 (03) :671-689

[6]

BESTER H, 1985, AM ECON REV, V75, P850

[7] ASYMMETRIC VALUATIONS AND THE ROLE OF COLLATERAL IN LOAN AGREEMENTS [J].

CHAN, YS ;

KANATAS, G .

JOURNAL OF MONEY CREDIT AND BANKING, 1985, 17 (01) :84-95

[8] COLLATERAL AND COMPETITIVE EQUILIBRIA WITH MORAL HAZARD AND PRIVATE INFORMATION [J].

CHAN, YS ;

THAKOR, AV .

JOURNAL OF FINANCE, 1987, 42 (02) :345-363

[9] THE INCIDENCE OF SECURED DEBT - EVIDENCE FROM THE SMALL BUSINESS COMMUNITY [J].

LEETH, JD ;

SCOTT, JA .

JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, 1989, 24 (03) :379-394

[10]

MERRIS RC, 1979, EC PERSPECTIVES, V3, P15

← 1 2 →