Showing 1 - 10 of 143
Persistent link: https://www.econbiz.de/10011090847
Persistent link: https://www.econbiz.de/10005664016
Persistent link: https://www.econbiz.de/10005664021
Persistent link: https://www.econbiz.de/10005664031
Persistent link: https://www.econbiz.de/10005687389
Persistent link: https://www.econbiz.de/10005687493
Persistent link: https://www.econbiz.de/10005776873
Persistent link: https://www.econbiz.de/10005625930
Persistent link: https://www.econbiz.de/10005307544
We examine the dynamic optimization problem of Not-For-Profit (NFP) financial institutions that aim to maximize the welfare of members. We characterize the optimal policy and find that it involves credit rationing. Interest rates set by mature NFPs will typically be more favorable to customers...
Persistent link: https://www.econbiz.de/10005245692