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Credit Rationing in Markets with Imperfect Information

American Economic Review · 1981 · Vol. 71(3) · pp. 393–410

Abstract

Stiglitz and Weiss explain credit rationing in markets with imperfect information.

Banking stability, regulation, efficiencyEconomic theories and modelsHousing Market and EconomicsCredit rationingCollateralEconomicsLoanRationingCredit crunchInterest rateMonetary economicsIncentiveInstallment credit
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