* 2 Results enter search term Search Reset filter Suchfilter Content Type Publications (2) Publicationtype Journal Article (1) Working Paper (1) Units Global Challenges for Rural Development (1) Globale Herausforderungen für ländliche Entwicklung (1) Macroeconomic Policy under Market Imperfections (1) Poverty Reduction, Equity, and Development (1) Experts Carmen Kislat (1) Doris Neuberger (1) Lukas Menkhoff (1) Mewael Tesfaselassie (1) Sylvester Eijffinger (1) Date Last Month Last Year Select Period start date to end date Sort by Relevance Date Aktive Filter Tags: private information Remove all filters Working Paper The Use of Collateral in Formal and Informal Lending 01.10.2013 We offer a new test of the ex ante theory of collateral. Theory states that lenders rely less on collateral if they have better information about borrowers. We test this by contrasting the use of collateral between formal and – better informed –... Journal Article Central Bank Forecasts and Disclosure Policy: Why It Pays to be Optimistic 01.01.2007 In a model with forward-looking behavior, we study disclosure policy when a central bank has private information on the future state of the economy. We find that the effects of advance disclosure depends on the presence of uncertainty about policy...
Working Paper The Use of Collateral in Formal and Informal Lending 01.10.2013 We offer a new test of the ex ante theory of collateral. Theory states that lenders rely less on collateral if they have better information about borrowers. We test this by contrasting the use of collateral between formal and – better informed –...
Journal Article Central Bank Forecasts and Disclosure Policy: Why It Pays to be Optimistic 01.01.2007 In a model with forward-looking behavior, we study disclosure policy when a central bank has private information on the future state of the economy. We find that the effects of advance disclosure depends on the presence of uncertainty about policy...