A Theory and Test of Credit Rationing: Some Further Results

Abstract

Focuses on a theory and test of credit rationing. Lending behavior under a fixed interest rate; leverage terms under risk aversion.

Authors: Enrique Arzac , Robert Schwartz, and David Whitcomb

Format: Journal Article

Publication Date: September 1, 1981

Journal: American Economic Review

Full Citation

Arzac, Enrique, Robert Schwartz, and David Whitcomb

. “A Theory and Test of Credit Rationing: Some Further Results.”

American Economic Review

vol.

71

, (September 01, 1981):

735

-

37

.