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Credit Rationing in Markets with Imperfect Information-英文文献
American Economic Association
Credit Rationing in Markets with Imperfect Information
Author(s): Joseph E. Stiglitz and Andrew Weiss
Source: The American Economic Review, Vol. 71, No. 3 (Jun., 1981), pp. 393-410
Published by: American Economic Association
Stable URL: /stable/1802787
Accessed: 23/04/2009 04:53
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American Economic Review.
CreditRationingin Marketswith
ImperfectInformation
By JOSEPH E. STIGLITZ AND ANDREW WEISS*
Why is credit rationed? Perhaps the most they receive on the loan, and the riskiness of
basic tenet of economics is that market equi- the loan. However, the interest rate a bank
librium en
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