The information asymmetry in the financial crísis, credot rationing the guarantees and system symbiotic mechanic

After the fall of Lehman Brothers and the start of the financial crisis is a break in economic activity, evidences a lack of financial attributed to information asymmetry experienced by the financial system. This paper will see how it has been analyzed by different economists this phenomenon that ma...

Descripción completa

Detalles Bibliográficos
Autores: Gallurt Povedano, Jesús, Pombo González, Pablo, Ramírez Sobrino, Jesús Nicolás, Molina Sánchez, Horacio Daniel
Tipo de recurso: artículo
Fecha de publicación:2012
País:España
Institución:Universidad Loyola Andalucía
Repositorio:Brújula
OAI Identifier:oai:repositorio.uloyola.es:20.500.12412/2077
Acceso en línea:http://hdl.handle.net/20.500.12412/2077
Access Level:acceso abierto
Palabra clave:Credit rationing
Guarantee
Loan
Asimetry
Information asimmetryc
Descripción
Sumario:After the fall of Lehman Brothers and the start of the financial crisis is a break in economic activity, evidences a lack of financial attributed to information asymmetry experienced by the financial system. This paper will see how it has been analyzed by different economists this phenomenon that makes credit rationing and moral hazard. This issue is more severe because banking regulation establishes strict coverage criteria to operations that boost this exclusive effect. guarantee activity is beneficial for the entrepreneur and for financial institutions, finding common interests on them that, joined to the public sector, shape the guarantee activity as a policy that find the most effective coordination vectors between agents. However, test how the system no develops guarantee on the Spanish economy to achieve the desired volumes.