Loan Processing Costs and Information Asymmetries-Implications for Financial Sector Development and Economic Growth

Capasso, Salvatore and Mavrotas, George (2003). Loan Processing Costs and Information Asymmetries-Implications for Financial Sector Development and Economic Growth. UNU-WIDER.

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  • Sub-type Discussion paper
    Author Capasso, Salvatore
    Mavrotas, George
    Title Loan Processing Costs and Information Asymmetries-Implications for Financial Sector Development and Economic Growth
    Volume/Issue No. 2003/84
    Publication Date 2003
    Place of Publication Helsinki
    Publisher UNU-WIDER
    Pages 22
    Language eng
    Abstract

    The paper presents a model in which credit-constrained firms might delay the adoption of new and more productive technologies because of the very high external financing costs they face. Our point of departure is that the efficiency of the banking system

    UNU Topics of Focus Economic development
    Keyword Banks and banking
    Credit
    Economic development
    Transaction costs
    Copyright Holder Author(s)
    Copyright Year 2003
    Copyright type All rights reserved
    ISSN 16095774
    ISBN 9789291905553
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    Created: Fri, 12 Feb 2016, 13:23:03 JST