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Innovation in banking and excessive loan growth /
The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management. It is shown that, under asymmetric information, banks may therefore rationally lend more than they would otherwise in order to demonstrate their quality, thus negatively affecting...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, Monetary and Capital Markets Dept.,
2008.
©2008 |
| Colección: | IMF working paper ;
WP/08/188. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management. It is shown that, under asymmetric information, banks may therefore rationally lend more than they would otherwise in order to demonstrate their quality, thus negatively affecting financial system soundness. Small shifts in technology and uncertainty associated with new technology may lead to large jumps in equilibrium outcomes. Prudential measures and supervision are therefore warranted. |
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| Notas: | "July 2008." |
| Descripción Física: | 1 online resource (28 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 25-26). |
| ISBN: | 1282841394 9781282841390 |