Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:citation |
academic literature on credit markets
|
| gptkbp:describes |
credit rationing
|
| gptkbp:explains |
moral hazard
adverse selection credit market imperfections |
| gptkbp:field |
banking
economics credit markets |
| https://www.w3.org/2000/01/rdf-schema#label |
Stiglitz–Weiss model
|
| gptkbp:influenced |
modern banking theory
|
| gptkbp:proposedBy |
gptkb:Joseph_Stiglitz
gptkb:Andrew_Weiss |
| gptkbp:publishedIn |
gptkb:American_Economic_Review
|
| gptkbp:shows |
credit rationing can persist in equilibrium
interest rate increases can reduce lender profits |
| gptkbp:yearProposed |
1981
|
| gptkbp:bfsParent |
gptkb:Joseph_Stiglitz
|
| gptkbp:bfsLayer |
5
|