The uniqueness of short-term collateralization / Leora Klapper
A secured letter-of-credit loan allows a lender to make larger loans than would be permissible on an unsecured basis, maximizing a risky borrower's investment capital. Empirical evidence shows that secured letters of credit are used by borrowers who are informationally opaque and have higher ob...
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| Auteurs principaux: | Klapper, Leora |
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| Collectivités auteurs: | World Bank |
| Format: | Online-Resource |
| Langue: | English |
| Publié: | Washington, D.C : World Bank, Development Research Group, Finance, 2001 |
| Collection: | Policy research working paper
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| Accès en ligne: | URL des Erstveröffentlichers |
| Localisation | Cote |
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| Institute for Contemporary History (Munich) | Bitte rufen Sie die Einzelbaende auf; dieser Titel ist ein mehrbaendiges Werk. |
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| URL des Erstveröffentlichers |
