01627cas a2200241 a 4500 AALejournalIMF013343 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475571622 1018-5941 BD-DhAAL BD-DhAAL Agur, Itai. Wholesale Bank Funding, Capital Requirements and Credit Rationing / Itai Agur. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes how different types of bank funding affect the extent to which banks ration credit to borrowers, and the impact that capital requirements have on that rationing. Using an extension of the standard Stiglitz-Weiss model of credit rationing, unsecured wholesale finance is shown to amplify the credit market impact of capital requirements as compared to funding by retail depositors. Unsecured finance surged in the pre-crisis years, but is increasingly replaced by secured funding. The collateralization of wholesale funding is found to expand the extent of credit rationing. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2013/030 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/030/001.2013.issue-030-en.xml IMF e-Library