Dollars Dollars Everywhere, nor Any Dime to Lend : Credit Limit Constraints on Financial Sector Absorptive Capacity

Dollars Dollars Everywhere, nor Any Dime to Lend : Credit Limit Constraints on Financial Sector Absorptive Capacity

We exploit an unexpected inflow of liquidity in an emerging market to study how capital is intermediated to firms. We find that backward-looking credit limit constraints imposed by banks make it difficult for firms to borrow, despite readily available bank liquidity, healthy aggregate demand, and a...

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Bibliographic Details
Main Authors: Khwaja, Asim Ijaz, Mian, Atif, Zia, Bilal
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Capital
Investment
Capacity E220
Financial Markets and the Macroeconomy E440
Banks
Other Depository Institutions
Micro Finance Institutions
Mortgages G210
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
International Linkages to Development
Role of International Organizations O190
Online Access:http://hdl.handle.net/10986/4630

Internet

http://hdl.handle.net/10986/4630

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