Essays about: "credit rationing"
Showing result 6 - 6 of 6 essays containing the words credit rationing.
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6. Credit Rationing in Microfinance
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This paper argues that borrowers who are considered to be too risky are excluded from microfinance markets due to credit rationing. Insufficient institutional frameworks imply moral hazard which in turn causes the rationing of credit. READ MORE