SciELO - Scientific Electronic Library Online

 
vol.43 número171Teorías del desarrollo capitalista: Una evaluación comparadaLímites estructurales al desarrollo económico: Brasil (1950-2005) índice de autoresíndice de materiabúsqueda de artículos
Home Pagelista alfabética de revistas  

Servicios Personalizados

Revista

Articulo

Indicadores

Links relacionados

  • No hay artículos similaresSimilares en SciELO

Compartir


Problemas del desarrollo

versión impresa ISSN 0301-7036

Resumen

RODRIGUEZ, Abigail  y  VENEGAS, Francisco. Credit Rationing: a Perspective from New Keynesian Economics. Prob. Des [online]. 2012, vol.43, n.171, pp.31-51. ISSN 0301-7036.

This research analyzes alternate explanations for credit rationing suggested by New Keynesian Economics and provides a classification of different theoretical contributions: a) financing and evaluating investment projects; b) relationship between lenders and borrowers; c) macroeconomics and structure of the financial system. What these models have in common under this theoretical approach is the adoption of orthodox methodology in how they interpret imbalances in the credit market. They provide different hypothesis for the origin of the imbalance, such as market failures, rigid prices and imperfect information. The main critique to this approach is not the multitude of hypotheses offered, but rather the absence of an explanation concerning the link between the credit market, monetary policy and the real sector.

Palabras llave : New Keynesian Economics; credit rationing; imperfect information; price rigidity.

        · resumen en Español | Francés | Portugués |     · texto en Español     · Español ( pdf )

 

Creative Commons License Todo el contenido de esta revista, excepto dónde está identificado, está bajo una Licencia Creative Commons