Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jul, 1977, Volume 45, Issue 5

Disequilibrium Econometrics for Business Loans

https://www.jstor.org/stable/1914067
p. 1187-1204

Jean-Jacques Laffont, Rene Garcia

We construct a monthly model of supply and demand for chartered banks' loans to business firms in Canada. Recent disequilibrium econometric methods are used to take into account possibilities of rationing.


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