Arbeitspapier

Loan market equilibrium with difference of opinion and imperfect competition

Difference of opinion between banks and borrowers influences the competitiveness of loan markets: the more optimistic the borrowers, the more elastic the demand for loans. This reduces lending rates, decreases the expected profits of banks and discourages entry by banks. – banking ; competition ; optimism ; difference in opinion ; entry

Language
Englisch

Bibliographic citation
Series: ETLA Discussion Papers ; No. 748

Classification
Wirtschaft
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Subject
Bankgeschäft
Wettbewerb
Verhaltensökonomik
Marktstruktur
Theorie

Event
Geistige Schöpfung
(who)
Hyytinen, Ari
Event
Veröffentlichung
(who)
The Research Institute of the Finnish Economy (ETLA)
(where)
Helsinki
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Hyytinen, Ari
  • The Research Institute of the Finnish Economy (ETLA)

Time of origin

  • 2002

Other Objects (12)