Credit rationing with an individual short-side rule : estimation for business loans in Canada
It is generally accepted that rationing occurs in loan markets with demand of some borrowers exceeding desired supply by lenders at prevailing interest rates. Previous empirical studies of credit rationing use established disequilibrium econometric methods to estimate structural models of business l...
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Language: | English |
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University of British Columbia
2010
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Online Access: | http://hdl.handle.net/2429/27060 |