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Equilibrium Credit Rationing (Hardcover) Loot Price: R3,478
Discovery Miles 34 780
Equilibrium Credit Rationing (Hardcover): William R. Keeton

Equilibrium Credit Rationing (Hardcover)

William R. Keeton

Series: Routledge Library Editions: Monetary Economics

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Loot Price R3,478 Discovery Miles 34 780 | Repayment Terms: R326 pm x 12*

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This study, first published in 1979, examines and contrasts two concepts of credit rationing. The first concept takes the relevant price of credit to be the explicit interest rate on the loan and defines the demand for credit as the amount an individual borrower would like to receive at that rate. Under the alternative definition, the price of credit consists of the complete set of loan terms confronting a class of borrowers with given characteristics, while the demand for credit equals the total number of loan which members of the class would like to receive at those terms. This title will be of interest to students of monetary economics.

General

Imprint: Routledge
Country of origin: United Kingdom
Series: Routledge Library Editions: Monetary Economics
Release date: April 2017
First published: 1979
Authors: William R. Keeton
Dimensions: 234 x 156mm (L x W)
Format: Hardcover
Pages: 310
ISBN-13: 978-1-138-63364-3
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Economics > Econometrics > General
LSN: 1-138-63364-X
Barcode: 9781138633643

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