Giacomo Preparata, Guido; Elliott, John E. - In: A research annual, (pp. 1-41). 2000
There are two sides to the lending of money: the ‘micro’ and the ‘macro’. The microeconomic side comprises various routines performed by bankers in assessing the profitability of an investment. The macroeconomic side reflects the impact of such institutional banking routines on the rest...