Lending Policies of Financial Intermediaries Facing Credit and Funding Risk
- 1 June 1983
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 38 (3) , 873-886
- https://doi.org/10.2307/2328087
Abstract
This paper compares the optimal lending decisions of financial intermediaries that differ in their risk exposure. All intermediaries are assumed to face a loan demand described by a random applicant ...Keywords
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