The UvA-LINKER will give you a range of other options to find the full text of a publication (including a direct link to the full-text if it is located on another database on the internet).
De UvA-LINKER biedt mogelijkheden om een publicatie elders te vinden (inclusief een directe link naar de publicatie online als deze beschikbaar is in een database op het internet).
faculty: "FEB" and publication year: "1993"
| Author||E.C. Perotti|
|Title||Bank lending in transition economies|
|Journal||Journal of Banking and Finance|
|Faculty||Faculty of Economics and Business|
|Institute/dept.||FEB: Amsterdam Business School Research Institute (ABS-RI)|
|Keywords||bank lending; transition economies|
|Abstract||Bank privatization and tighter credit enforcement are believed indispensable to facilitate the Eastern European transition process. We analyze lending by value-maximizing banks, the only source of capital in the transition, faced by non-performing loans to the state-owned sector. We show that banks have a perverse incentive to fund former debtors, although less efficient and more risky than private firms, because they gain the potential repayment of previous debts. This leads to a lower productivity of investment and a greater concentration of risk; the expansion of more efficient private firms is delayed, leading to a slower recovery and a greater risk of financial crisis.|
Use this url to link to this page: http://dare.uva.nl/en/record/118734
Contact us about this recordNotify a colleague
Add to bookbag