What specific procedures do financial intermediaries use to reduce asymmetric information problems in lending?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 03:58 AM

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What specific procedures do financial intermediaries use to reduce asymmetric information problems in lending?

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To overcome asymmetric information problems banks screen potential borrowers before making lo...View the full answer

The Economics of Money Banking and Financial Markets

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