Results 11 to 20 of about 42,209 (256)
Cogent Business & Management, 2022 This paper studies the effect of government contracts on trade credit by using cross-country firm-level data. Trade credit is defined as a firm’s deferral of payment to its sellers when it buys material inputs.
Tran Manh Ha +4 more
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Housing wealth appreciation and heterogeneous household consumption: Evidence from China.
PLoS ONE, 2023 In this paper, we develop a DSGE model including heterogeneous households, introduce the financial friction of credit constraint mechanism, and study the impact of house price shocks on the consumption of heterogeneous household.
Yingying Qi +3 more
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Credit Constraints and Productive Entrepreneurship in Africa [PDF]
SSRN Electronic Journal, 2011 Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclear property rights and the lack of assets that can be used as collateral.
Mina Baliamoune-Lutz +2 more
openaire +5 more sources
Credit Constraints and Growth in a Global Economy [PDF]
American Economic Review, 2015 We show that in an open-economy OLG model, the interaction between growth differentials and household credit constraints—more severe in fast-growing countries—can explain three prominent global trends: a divergence in private saving rates between advanced and emerging economies, large net capital outflows from the latter, and a sustained decline in ...
Coeurdacier, Nicolas +2 more
openaire +7 more sources
Innovation and trade in the presence of credit constraints [PDF]
Canadian Journal of Economics/Revue canadienne d'économique, 2021 AbstractThis paper examines how trade liberalization affects investment in R&D at the firm level. We provide a model with entrepreneurs that differ in their wealth endowments, causing them to rely on external funds to different extents. In the presence of capital market imperfections, this implies heterogeneous access to external financing such ...
Föllmi, Reto +2 more
openaire +4 more sources
Bubbles and Credit Constraints [PDF]
SSRN Electronic Journal, 2011 We provide an infinite-horizon model of a production economy with bubbles, in which firms meet stochastic investment opportunities and face credit constraints. Capital is not only an input for production, but also serves as collateral. We show that bubbles on this reproducible asset may arise, which relax collateral constraints and improve investment ...
Pengfei Wang, Jianjun Miao
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Firm characteristics and credit constraints among SMEs in the Philippines
Small Business International Review, 2021 Access to finance is critical to support the growth of small and medium-sized enterprises (SMEs). However, lack of access to adequate financing is one of the biggest obstacles that SMEs face.
John Paul Flaminiano +1 more
doaj +1 more source
Humanities & Social Sciences Communications, 2023 The relationship between housing prices (HP) and household non-housing consumption (CON) is a key topic worldwide. By developing a panel threshold model and utilizing data from 18 provinces in central and western China from 2005 to 2020, this study ...
Huazhu Zheng +5 more
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Firm performance under financial constraints: evidence from sub-Saharan African countries
Journal of Innovation and Entrepreneurship, 2021 The business environment in which a firm operates has an important impact on firm performance. This study examined the impact of credit constraint and power outages on the firm’s investment decision using World Bank Enterprise Survey (WBES) data ...
Lamessa T. Abdisa, Alemu L. Hawitibo
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Terrorism hinders firms' access to credit [PDF]
The European Journal of Comparative EconomicsThis article analyzes the effect of terrorism on firms' access to credit. To this effect, we constitute a sample of 29,000 firms from 78 countries, both developed and developing, selected from the World Bank Enterprise Survey (WBES) data.
Désiré Avom, Cherif Abdramane
doaj +1 more source