Title of article
Loan market equilibrium with difference of opinion and imperfect competition
Author/Authors
Ari Hyytinen، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
5
From page
125
To page
129
Abstract
Difference of opinion between banks and borrowers influences the competitiveness of loan markets: the more optimistic the borrowers, the more elastic the demand for loans. This reduces lending rates, decreases the expected profits of banks and discourages entry by banks.
Keywords
Optimism , Difference in opinion , Entry , Banking , competition
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435093
Link To Document