An Analysis of Credit and Equilibrium Credit Rationing - 9781138705159

Taylor & Francis Ltd

Explore the intricate world of credit markets with "An Analysis of Credit and Equilibrium Credit Rationing" by Ying Wu. This comprehensive hardback delves into the theoretical frameworks and practical implications of credit rationing, offering valuable insights for economists, finance professionals, and students. Discover the factors that lead to credit markets failing to clear, examining various models of equilibrium credit rationing and their real-world applications. The book provides a rigorous analysis of the economic principles underlying credit allocation and the potential consequences of information asymmetry and other market imperfections. Key topics covered include: * Theories of credit rationing * Equilibrium models in credit markets * Implications for financial stability * Empirical evidence and case studies This essential read offers a deep understanding of credit dynamics. Summary: Hardback book, An Analysis of Credit and Equilibrium Credit Rationing, by Ying Wu, published by Taylor & Francis Ltd, exploring credit markets and credit rationing.