Results 21 to 30 of about 697,261 (299)
Permanent income hypothesis in emerging markets: Some Brazilian evidence
This paper uses a dataset from one of the largest credit card issuers in Brazil to investigate the extent of credit constraints for one of the world's largest emerging market economies.
Claudio Ribeiro Lucinda +1 more
doaj +1 more source
Housing, Consumption, and Credit Constraints [PDF]
I test the credit-market effects of housing wealth shocks by estimating the consumption elasticity of house price shocks among households in different age quintiles. Younger households face faster expected income growth and hence would like to borrow more than older households.
openaire +2 more sources
Effect of Short-term Financial Constraints on SMEs, Investment Decisions [PDF]
Financial constraints are one of the influencing factors on investment decisions. Financial constraints put firms under pressure to forgo investment opportunities to finance their working capital needs. Moreover, some variables like working capital needs
Hoda Eskandar, Hadi Hadadi
doaj +1 more source
Credit Constraints in General Equilibrium: Experimental Results [PDF]
Our work attempts to investigate the influence of credit tightness orexpansion on activity and relative prices in a multimarket set-up. We report on somedouble- auction, two-market experiments where subjects had to satisfy an inequalityinvolving the use of credit.
Joaquim Silvestre, Antoni Bosch-Domenech
openaire +6 more sources
Gender, Investment Financing and Credit Constraints [PDF]
This paper provides the first evidence on gender differences in investment financing, credit application and credit denial rates in Germany. The empirical analysis is carried out on a sample of firms drawn from the KfW Mittelstandspanel, a representative
Pelger, Ines
core +4 more sources
Money, Credit Constraints, and Economic Activity [PDF]
The article discusses about the effects of monetary policy on real variables like output and employment. In classical monetary theory, prices are fully flexible and the future tax liabilities implied by government bonds are fully discounted. In such a world, government wending has identical effects whether it is financed by bonds or by current taxation,
Stiglitz, Joseph E., Blinder, Alan S.
openaire +2 more sources
The impact of credit rationing on farmer's economic equilibrium
The paper deals with the theoretical analysis of the impact of credit rationing on farmer's economic equilibrium. The analysis is carried out based on the derived dynamic optimization model, which is the dynamic investment model with adjustment costs ...
L. Čechura
doaj +1 more source
Estimating credit constraints among US households [PDF]
We investigate the issue of pervasive credit constraints among US households. There is considerable debate about the incidence of constraints and whether the observed low borrowing in some groups of the population arises from low demand or from denial of credit.
openaire +3 more sources
Credit Constraints and Productive Entrepreneurship in Africa [PDF]
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
This paper examines the sensitivity of investment to cash flow in declining economic conditions, focusing on the impact of a firm’s reliance on bank debt.
Ghada Tayem
doaj +1 more source

