Credit Rationing with Heterogeneous Borrowers in Transition Economies: Evidence from Slovakia

Pavel Ciaian

EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: This paper investigates the macroeconomic importance of credit rationing and whether banks use characteristics such as ownership structure and institutional type of borrowers in order to regulate the risk of loaned funds. To test this, monthly data for 2000–2002, extracted from the National Bank of Slovakia monetary review, were used. The paper finds that credit rationing was not present during the period analysed, implying that the credit market can be approximated with a typical supply and demand relationship. The second finding of the paper is that intermediaries use the ownership type and institutional form of borrowers to regulate risk.

Keywords: Credit rationing; heterogeneous borrowers; transition countries (search for similar items in EconPapers)
JEL-codes: E51 G32 P24 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2004-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.eeri.eu/documents/wp/EERI_RP_2004_02.pdf (application/pdf)

Related works:
Journal Article: Credit rationing with heterogeneous borrowers in transition economies: evidence from Slovakia (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eei:rpaper:eeri_rp_2004_02

Access Statistics for this paper

More papers in EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels Contact information at EDIRC.
Bibliographic data for series maintained by Julia van Hove ().