The Econometric SocietyEconometrica: Jul 1977, Volume 45, Issue 5
Disequilibrium Econometrics for Business Loans
https://doi.org/0012-9682(197707)45:5<1187:DEFBL>2.0.CO;2-R
p.
1187-1204
Jean-Jacques Laffont, Rene Garcia
We construct a monthly model of supply and demand for chartered banks' loans to business firms in Canada. Recent disequilibrium econometric methods are used to take into account possibilities of rationing.Log In To View Full Content