On the Coexistence of Banks and Markets

We examine the coexistence of banks and financial markets, studyinga credit market where the qualities of investment projects are notobservable and the investment decisions of entrepreneurs are not contractible...

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Year of publication:	2006-03-01
Authors:	Gersbach, Hans ; Uhlig, Harald
Institutions:	Sonderforschungsbereich Ökonomisches Risiko <Berlin>
Subject:	Moral hazard \| Adverse Selektion \| Vertrag \| Regulation \| regulation

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Extent:	468992 bytes 34 p. application/pdf
Series:	Humboldt-Universität zu Berlin - Sonderforschungsbereich 649 - Discussion Papers SFB 649 Discussion Paper ; 2006-054
Type of publication:	Book / Working Paper
Language:	English
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D80 - Information and Uncertainty. General ; D92 - Intertemporal Firm Choice and Growth, Investment, or Financing ; G24 - Investment Banking; Venture Capital; Brokerage ; G28 - Government Policy and Regulation ; G32 - Financing Policy; Capital and Ownership Structure ; G38 - Government Policy and Regulation ; Management of financial services: stock exchange and bank management science (including saving banks) ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005854968