An Analysis of Credit and Equilibrium Credit Rationing

1st Edition

Ying Wu

Published November 6, 2018
Reference - 181 Pages
ISBN 9781138705203 - CAT# Y323982
Series: Routledge Library Editions: Monetary Economics

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This study, first published in 1994, is intended to deepen the readers understanding of the phenomenon of equilibrium credit rationing in two areas. The first area concerns the form that equilibrium credit rationing assumes and its importance in determining the behaviour of interest rates. The second concerns the role of equilibrium credit rationing in transmitting monetary shocks to the real sector. This title will be of interest to students of monetary economics.


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