Public development banks and credit market imperfections

Which projects/firms should be the target of lending by a Public Development Bank (PDB)? What is the optimal design for the PDB's loans, and the optimal structure for delivering them? We analyze these questions in the context of a model where screening is costly to banks and underprovision of c...

Full description

Autores:

Eslava Mejía, Marcela
Freixas, Xavier

Tipo de recurso:

Work document

Fecha de publicación:

2016

Institución:

Universidad de los Andes

Repositorio:

Séneca: repositorio Uniandes

Idioma:

eng

OAI Identifier:

oai:repositorio.uniandes.edu.co:1992/8627

Acceso en línea:

http://hdl.handle.net/1992/8627

Palabra clave:

Public development banks
Governmental loans and guarantees
Costly screening
Credit rationing
Bancos de desarrollo
Préstamos gubernamentales
Finanzas
Mercado financiero
H81, G20, G21, G23

Rights

openAccess

License

http://creativecommons.org/licenses/by-nc-nd/4.0/