1st Edition

An Analysis of Credit and Equilibrium Credit Rationing

By Ying Wu Copyright 1994
    190 Pages
    by Routledge

    190 Pages
    by Routledge

    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.

    Foreword;  Preface;  1. Introduction  2. Literature Review  3. Equilibrium Credit Rationing and Interest Rates  4. A Comparison of Size Rationing and Number Rationing  5. Money and Credit in a General Equilibrium Optimizing Model  6. Conclusions and Further Work;  Appendices;  Bibliography;  Index

    Biography

    Ying Wu