Cyclical Changes in the Efficiency of Loan Provision Under Asymmetric Information

This paper explores the efficiency of bank lending in a business cycle when information asymmetry is present. Assding and the funding decisions of the bank. Then, the papeuming that the existing equity holders of a bank exploit their informational superiority over the potential bond and equity buyers, it examines how this influences the lenr discusses whether and how capital requirement as regulation on the funding decision enhances market efficiency

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Year of publication:	2019
Authors:	Hur, Seok-Kyun
Other Persons:	Youn, Tae Hoon (contributor)
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Asymmetrische Information \| Asymmetric information \| Theorie \| Theory

Extent:	1 Online-Ressource (27 p)
Series:	Financial Stability Studies ; Vol. 13, No. 2, Korea Deposit Insurance Corporation(KDIC), 2012, pp. 121-147
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 31, 2012 erstellt
Other identifiers:	10.2139/ssrn.3017057 [DOI]
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012901342