Results 31 to 40 of about 58,747 (297)
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
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The Nature of Credit Constraints and Human Capital [PDF]
We develop a human capital model with borrowing constraints explicitly derived from government student loan (GSL) programs and private lending under limited commitment. The model helps explain the persistent strong positive correlation between ability and schooling in the United States, as well as the rising importance of family income for college ...
Lance J. Lochner +1 more
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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
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Do external commercial borrowings and financial development affect exports?
In this study, we examine the competitiveness effect of currency depreciation in the presence of external commercial borrowing (ECBs) and low financial development. The estimates of autoregressive distributed lag (ARDL) show the contractionary effects of
Ashis Kumar Pradhan +1 more
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Monitoring Costs, Credit Constraints and Entrepreneurship [PDF]
Access to finance is seen as a binding constraint on the growth of household enterprises in developing countries. We develop a principal agent model of a household enterprise and show that limited access to finance and monitoring costs constrain the firm size via both a direct and indirect effect.
Banerji, Sanjay +2 more
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Policy-based Loans to Korean SME Exporters and the Intensive Margin of Exports
This study examines the extent to which policy-based loans to SME exporters affect their export performance (the intensive margin of exports). We also investigate the heterogeneous export effects of policy-based loans that may depend on firm- and ...
Unjung Whang, Kyong Hyun Koo
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Effect of credit constraint on yield: the case of ginger producers in southern and central Ethiopia
IntroductionThis research investigates the impact of credit constraints on the yield of smallholder ginger farmers in southern and central Ethiopia. It addresses the importance of understanding the relationship between credit constraints and agricultural
Fetagn Gizachew Tilore +3 more
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Skill acquisition, credit constraints, and trade [PDF]
Abstract In this paper we develop a general equilibrium model where credit constraints limit the ability of agents with heterogeneous abilities and wealth to acquire skills. We identify a new effect, the induced Rybczynski effect, that works in the opposite direction from the normal supply response and may result in relative supply being downward ...
Chesnokova, T., Krishna, K.
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Factors influencing household debt structure under various credit constraints
Household debt is a critical component of family financial management, especially considering the prevalence of credit constraints. This study investigates the determinants of Chinese household debt structure, focusing on the choice between formal and ...
Chenglu Jin +5 more
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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.
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