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Equilibrium Credit Rationing (Paperback) Loot Price: R1,235
Discovery Miles 12 350
Equilibrium Credit Rationing (Paperback): William R. Keeton

Equilibrium Credit Rationing (Paperback)

William R. Keeton

Series: Routledge Library Editions: Monetary Economics

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Loot Price R1,235 Discovery Miles 12 350 | Repayment Terms: R116 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: November 2018
First published: 1979
Authors: William R. Keeton
Dimensions: 234 x 156 x 26mm (L x W x T)
Format: Paperback
Pages: 305
ISBN-13: 978-1-138-63365-0
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Economics > Econometrics > General
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LSN: 1-138-63365-8
Barcode: 9781138633650

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