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- W2488547039 abstract "This chapter provides a simplified model of adverse selection and credit rationing in loan markets under the new Keynesian asymmetric information model. The first half of this chapter presents the solution of the model under perfect information and then under asymmetric information. The second half of the chapter provides some tools that are used today by banks to help solve the problem of adverse selection and moral hazard." @default.
- W2488547039 created "2016-08-23" @default.
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- W2488547039 date "2015-12-24" @default.
- W2488547039 modified "2023-09-27" @default.
- W2488547039 title "A Simplified Model of Adverse Selection in Loan Markets" @default.
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- W2488547039 doi "https://doi.org/10.1007/978-3-319-25837-9_3" @default.
- W2488547039 hasPublicationYear "2015" @default.
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