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.