A SIMPLE MODEL OF INFORMATION AND LENDING BEHAVIOR

Authors

  • D. J. Aigner,

  • C. M. Sprenkle

    Search for more papers by this author
    • Associate Professor of Economics, University of Wisconsin, and Associate Professor of Economics, University of Illinois. The authors wish to express their appreciation to the members of the Monetary Workshop group at Illinois for providing useful criticism of a former draft of this paper. In particular we wish to thank Donald Hodgman for his continuing encouragement and Edgar Feige for comments on an earlier draft. The criticism of an anonymous referee contributed substantially to the overall scope of the paper in its final form.

Ancillary