credit rationing การใช้

• Higher agency cost and lower initial assets lead to more credit rationing.
• In the academic literature, redlining falls under the broader category of credit rationing.
• Roy Harrod pointed to the existence of credit rationing early on.
• Hence, we see credit rationing as a result of imperfection in capital markets.
• Disequilibrium credit rationing can occur for one of two reasons.
• With these caveats, it is worthwhile to consider how reputation concerns can lead to credit rationing.
• Also, implicit contracts have been playing an important role in explaining credit rationing under asymmetric information.
• Credit rationing does not just caused from asymmetric information but also from limited enforcement in case of default.
• The problem of credit rationing arises most if the creditor does not have anything to provide as collateral.
• For example, in the presence of credit rationing, aggregate risk can cause bank failures and hinder capital accumulation.
• To regulate spreads charged by banks will lead to credit rationing of the kind where mainly choice clients have access.
• This provides a framework under which some credit rationing might be optimal, as a way of screening potentially harmful investments.
• If desired lending is higher than the credit ceiling, some countries will not receive funds, and credit rationing will occur.
• Many important studies followed their example, some with competing results, and extended the issue of credit rationing to further domains.
• The more mundane case of credit rationing occurs when the credit market is, for one reason or another, out of equilibrium.
• However, if every bank charges a higher interest rate than the average rate in the spot market, then there would be credit rationing.
• Finally, it is worthwhile to consider how credit rationing might arise as a feature of sovereign ( government ) lending, that is, lending to countries.
• In the same forum, Vistan said legally mandating the interest cap could result in " credit rationing " which could further affect the productive sector.
• Others dub it " credit rationing, " noting that bigger businesses can get funds through the capital markets and aren't at the mercy of banks.
• Harrod went on to argue that the main channel through which interest rates curtailed economic activity was through the process of what is now known as credit rationing.