Banking With Credit Rationing and Default Risk With an Application to Developing Countries
Elosegui, Pedro Luis
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Permalink
https://hdl.handle.net/2142/85518
Description
Title
Banking With Credit Rationing and Default Risk With an Application to Developing Countries
Author(s)
Elosegui, Pedro Luis
Issue Date
2002
Doctoral Committee Chair(s)
Villamil, Anne P.
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Business Administration, Banking
Language
eng
Abstract
The thesis shows the importance of default risk on the behavior of banking institutions. Indeed, default risk, regulation and institutional factors affect spreads. They also have an important effect on credit rationing. This effect on credit rationing is not only on loan quantity but also on portfolio quality. Institutions improve portfolio quality, but also increase credit rationing affecting capital accumulation.
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