We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Imperfect information and credit rationing equilibrium: evidence from Egypt.
- Authors
El-Shazly, Alaa
- Abstract
This paper investigates the empirical significance of the concept of credit rationing equilibrium. The evidence from a disequilibrium model of the credit market with application to Egypt provides support for this concept. In particular, loan supply is not found an increasing function of the return on intermediated credit. Also, expectations on the state of the economy appear to explain the changing pattern of credit rationing over time.
- Subjects
EGYPT; ECONOMIC equilibrium; CREDIT; RATIONING; FINANCE; ECONOMIC conditions in Egypt
- Publication
Review of Middle East Economics & Finance, 2005, Vol 3, Issue 2, p151
- ISSN
1475-3685
- Publication type
Article
- DOI
10.1080/14753680500166474