Monitoring and Commitment in Bank Lending Behavior

The paper proposes a theoretical argument on the nature of bank lending, based on the idea that, through commitment and monitoring, banks overcome basic informational asymmetries with borrowers. By bringing together loan commitment theories and credit rationing theories, the paper shows that, within...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Blavy, Rodolphe (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2005
Schriftenreihe:IMF Working Papers Working Paper No. 05/222
Online-Zugang:DE-20
DE-824
DE-70
DE-155
DE-29
DE-22
DE-473
DE-1102
DE-703
DE-859
DE-706
DE-384
DE-860
DE-19
DE-739
DE-355
DE-Aug4
DE-1049
DE-12
DE-91
URL des Erstveröffentlichers
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!

MARC

LEADER 00000nam a2200000 cb4500
001 BV048348879
003 DE-604
005 00000000000000.0
007 cr|uuu---uuuuu
008 220713s2005 xx o|||| 00||| eng d
020 |a 1451862415  |c 15.00 USD  |9 1-451-86241-5 
020 |a 9781451862416  |c 15.00 USD  |9 978-1-451-86241-6 
035 |a (ZDB-1-IMF)84588672X 
035 |a (OCoLC)1337135631 
035 |a (DE-599)BVBBV048348879 
040 |a DE-604  |b ger 
041 0 |a eng 
049 |a DE-20  |a DE-824  |a DE-70  |a DE-155  |a DE-29  |a DE-22  |a DE-473  |a DE-1102  |a DE-703  |a DE-859  |a DE-706  |a DE-384  |a DE-860  |a DE-19  |a DE-739  |a DE-355  |a DE-Aug4  |a DE-1049  |a DE-12  |a DE-91 
100 1 |a Blavy, Rodolphe  |e Verfasser  |4 aut 
245 1 0 |a Monitoring and Commitment in Bank Lending Behavior  |c Blavy, Rodolphe 
264 1 |a Washington, D.C  |b International Monetary Fund  |c 2005 
300 |a 1 Online-Ressource (34 p) 
336 |b txt  |2 rdacontent 
337 |b c  |2 rdamedia 
338 |b cr  |2 rdacarrier 
490 0 |a IMF Working Papers  |v Working Paper No. 05/222 
520 3 |a The paper proposes a theoretical argument on the nature of bank lending, based on the idea that, through commitment and monitoring, banks overcome basic informational asymmetries with borrowers. By bringing together loan commitment theories and credit rationing theories, the paper shows that, within a framework of asymmetric information between lenders and borrowers and under costly termination of lending arrangements, commitment may explain the accumulation of nonperforming loans by banks. Two additional results follow: (i) that banks favor borrowers with well-known production functions and long-term credit history; and (ii) that interest rate spreads may be large if significant market imperfections prevail 
533 |a Online-Ausg 
856 4 0 |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |x Verlag  |z URL des Erstveröffentlichers  |3 Volltext 
912 |a ZDB-1-IMF 
943 1 |a oai:aleph.bib-bvb.de:BVB01-033728147 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-20  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-824  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-70  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-155  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-29  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-22  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-473  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-1102  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-703  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-859  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-706  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-384  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-860  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-19  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-739  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-355  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-Aug4  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-1049  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-12  |p ZDB-1-IMF  |x Verlag  |3 Volltext 
966 e |u http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml  |l DE-91  |p ZDB-1-IMF  |x Verlag  |3 Volltext 

Datensatz im Suchindex

DE-BY-TUM_katkey 2671838
DE-BY-UBM_katkey 6243095
DE-BY-UBM_local_url Verlag
http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml
_version_ 1823048839911702528
any_adam_object
author Blavy, Rodolphe
author_facet Blavy, Rodolphe
author_role aut
author_sort Blavy, Rodolphe
author_variant r b rb
building Verbundindex
bvnumber BV048348879
collection ZDB-1-IMF
ctrlnum (ZDB-1-IMF)84588672X
(OCoLC)1337135631
(DE-599)BVBBV048348879
format Electronic
eBook
fullrecord <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05075nam a2200577 cb4500</leader><controlfield tag="001">BV048348879</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220713s2005 xx o|||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1451862415</subfield><subfield code="c">15.00 USD</subfield><subfield code="9">1-451-86241-5</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781451862416</subfield><subfield code="c">15.00 USD</subfield><subfield code="9">978-1-451-86241-6</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-IMF)84588672X</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1337135631</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV048348879</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-20</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-12</subfield><subfield code="a">DE-91</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Blavy, Rodolphe</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Monitoring and Commitment in Bank Lending Behavior</subfield><subfield code="c">Blavy, Rodolphe</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">International Monetary Fund</subfield><subfield code="c">2005</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (34 p)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">IMF Working Papers</subfield><subfield code="v">Working Paper No. 05/222</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">The paper proposes a theoretical argument on the nature of bank lending, based on the idea that, through commitment and monitoring, banks overcome basic informational asymmetries with borrowers. By bringing together loan commitment theories and credit rationing theories, the paper shows that, within a framework of asymmetric information between lenders and borrowers and under costly termination of lending arrangements, commitment may explain the accumulation of nonperforming loans by banks. Two additional results follow: (i) that banks favor borrowers with well-known production functions and long-term credit history; and (ii) that interest rate spreads may be large if significant market imperfections prevail</subfield></datafield><datafield tag="533" ind1=" " ind2=" "><subfield code="a">Online-Ausg</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-IMF</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033728147</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-20</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-824</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-70</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-155</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-29</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-22</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-473</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-1102</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-703</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-859</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-706</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-384</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-860</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-19</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-739</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-355</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-Aug4</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-1049</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-12</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml</subfield><subfield code="l">DE-91</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection>
id DE-604.BV048348879
illustrated Not Illustrated
indexdate 2025-02-03T15:58:23Z
institution BVB
isbn 1451862415
9781451862416
language English
oai_aleph_id oai:aleph.bib-bvb.de:BVB01-033728147
oclc_num 1337135631
open_access_boolean
owner DE-20
DE-824
DE-70
DE-155
DE-BY-UBR
DE-29
DE-22
DE-BY-UBG
DE-473
DE-BY-UBG
DE-1102
DE-703
DE-859
DE-706
DE-384
DE-860
DE-19
DE-BY-UBM
DE-739
DE-355
DE-BY-UBR
DE-Aug4
DE-1049
DE-12
DE-91
DE-BY-TUM
owner_facet DE-20
DE-824
DE-70
DE-155
DE-BY-UBR
DE-29
DE-22
DE-BY-UBG
DE-473
DE-BY-UBG
DE-1102
DE-703
DE-859
DE-706
DE-384
DE-860
DE-19
DE-BY-UBM
DE-739
DE-355
DE-BY-UBR
DE-Aug4
DE-1049
DE-12
DE-91
DE-BY-TUM
physical 1 Online-Ressource (34 p)
psigel ZDB-1-IMF
publishDate 2005
publishDateSearch 2005
publishDateSort 2005
publisher International Monetary Fund
record_format marc
series2 IMF Working Papers
spellingShingle Blavy, Rodolphe
Monitoring and Commitment in Bank Lending Behavior
title Monitoring and Commitment in Bank Lending Behavior
title_auth Monitoring and Commitment in Bank Lending Behavior
title_exact_search Monitoring and Commitment in Bank Lending Behavior
title_full Monitoring and Commitment in Bank Lending Behavior Blavy, Rodolphe
title_fullStr Monitoring and Commitment in Bank Lending Behavior Blavy, Rodolphe
title_full_unstemmed Monitoring and Commitment in Bank Lending Behavior Blavy, Rodolphe
title_short Monitoring and Commitment in Bank Lending Behavior
title_sort monitoring and commitment in bank lending behavior
url http://elibrary.imf.org/view/IMF001/04757-9781451862416/04757-9781451862416/04757-9781451862416.xml
work_keys_str_mv AT blavyrodolphe monitoringandcommitmentinbanklendingbehavior