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- W2360885923 abstract "In China rural credit market,the interactions between short supply and market monopoly cause the segmentation of rural credit market and the multi-equilibrium rates: relationship loan has maintained nominal zero rate while the interest rates in formal and informal credit market are determined separately.The wide interest rate spread between formal and informal credit market has caused the following two results:(1) crowding out effect;(2)rent-seeking arbitrage.The radical solution to the problems above is to increase the credit supply and alleviate the serious tension between vigorous demand and inadequate supply." @default.
- W2360885923 created "2016-06-24" @default.
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- W2360885923 date "2009-01-01" @default.
- W2360885923 modified "2023-09-23" @default.
- W2360885923 title "INTEREST RATE DETERMINATION IN CHINA RURAL CREDIT MARKET:AN ECONOMIC EXPLANATION" @default.
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