From loan pushing to credit rationing: A brief note on interest shocks in a model by basu

Journal of Institutional and Theoretical Economics

Volumn 153, Issue 3, 1997, Pages 569-578

  Ziesemer, Thomas ^a  

^a MAASTRICHT UNIVERSITY   (Netherlands)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031504073     PISSN: 09324569     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (11)

1. BASU, K. [1991], "The International Debt Problem, Credit Rationing and Loan Pushing: Theory and Experience," Princeton Studies in International Finance No. 70, Princeton University, Princeton, NJ.
2. CHOWDRY, B. [1991], "What is Different About International Lending?" The Review of Financial Studies, 4(1), 121-148.
3. DARITY, W., Jr. [1986], "Did the Commercial Banks Push Loans on the LDCs?" pp. 199-225 in: M. Claudon (ed.), World Debt Crisis: International Lending on Trial, Ballinger: Cambridge, MA.
4. DILLON, K. B., C. M. WATSON, C. R. KINCAID and C. PUCKAHTIKOM [1985], "Recent Development in External Debt Restructuring," IMF Occasional Paper No. 40, IMF, Washington, DC.
5. EATON, J. and M. GERSOVITZ [1981], "Debt With Potential Repudiation: Theoretical and Empirical Analysis," Review of Economic Studies, 48(2), 289-309.
6. -, - and J. E. STIGLITZ [1986], "The Pure Theory of Country Risk," European Economic Review, 30(3), 481-513.
7. EICHENGREEN, B. [1989], "The U.S. Capital Market and Foreign Lending, 1920-1955," pp. 107-151 in: J. Sachs (ed.), Developing Country Debt and Economic Performance, Vol. 1: The International Financial System, The University of Chicago Press: Chicago-London.
8. FISHLOW, A. [1985], "Lessons From the Past: Capital Markets During the 19th Century and the Interwar Period," International Organization, 39(3), 383-439.
9. GERSOVITZ, M. [1985], "Banks International Lending Decision: What we Know and Implications for Future Research," pp. 61-77 in: G. W. Smith and J. T. Cuddington (eds.), International Debt and the Developing Countries, The World Bank: Washington, DC.
10. MOHR, E. [1991], Economic Theory and Sovereign International Debt, Academic Press: London.
11. SACHS, J. and D. COHEN [1982], "LDC Borrowing With Default Debt," NBER Working Paper No. 925, NBER, Cambridge, MA.