EconStor >
The Johns Hopkins University, Baltimore, Md. >
Department of Economics, The Johns Hopkins University >
Working Papers, Department of Economics, The Johns Hopkins University >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/49904
  
Title:A mechanism for Thawing the credit markets PDF Logo
Authors:Karni, Edi
Issue Date:2009
Series/Report no.:Working papers // the Johns Hopkins University, Department of Economics 551
Abstract:This paper describes a mechanism designed to induce commercial banks to increase their willingness to extend loans in an economic environment characterized by increased uncertainty and diminished expectations. This mechanism is a new tool for the conduct of monetary policy to combat recessions.
Subjects:Mechanism design
credit markets
incentive scheme
JEL:G01
G10
D82
D86
Document Type:Working Paper
Appears in Collections:Working Papers, Department of Economics, The Johns Hopkins University

Files in This Item:
File Description SizeFormat
60017882X.pdf177.38 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/49904

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.