Continue or cease? A method to identify credit constraints under policy intervention and an implicat...
Continue or cease? A method to identify credit constraints under policy intervention and an implication for policy efficiency
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Publisher
London: Routledge
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Language
English
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London: Routledge
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Contents
In this study, we consider the problem whereby policy intervention in the financial market might hide the existence of credit constraints. We develop a theoretical model of the representative borrower utilizing credit from private banks and a governmental financial institution. Using the exogenous change in the transaction technology for borrowing...
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Continue or cease? A method to identify credit constraints under policy intervention and an implication for policy efficiency
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TN_cdi_proquest_journals_2733871077
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2733871077
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ISSN
0003-6846
E-ISSN
1466-4283
DOI
10.1080/00036846.2022.2081662