Information sharing in emerging credit markets

被引:0
|
作者
Di Maggio, Marco [1 ]
机构
[1] Univ Chicago, Grad Sch Business, Chicago, IL 60637 USA
来源
ECONOMICS BULLETIN | 2007年 / 4卷
关键词
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the lack of information flow in the credit markets of developing countries. We show that the miscoordination among financial intermediaries might explain why lenders don't share their information about the borrowers. The competition effect of more transparency in the market leads to a higher probability of default of the firm, also generating credit rationing.
引用
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页数:12
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