Results 51 to 60 of about 1,325 (207)
The Journal of Entrepreneurial Finance, 2003 The paper augments the asymmetric information literature on bank lending to new ventures by focusing on the more neglected area of moral hazard; specifically the relationship between risk aversion, an entrepreneur?s wealth and the provision of collateral.
Andrew E. Burke, Aoife Hanley
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The policy adjacent: How affordable housing generates policy feedback among neighboring residents
American Journal of Political Science, EarlyView.Abstract While scholars have documented feedback effects among a policy's direct winners and losers, less is known about whether such effects can occur among the indirectly affected—“the policy adjacent.” Using 458 geocoded housing developments built between two nearly identical statewide ballot propositions funding affordable housing in California, we
Michael Hankinson +2 more
wiley +1 more source
The market presence of cooperative banks and stability in European banking: New evidence
Annals of Public and Cooperative Economics, EarlyView.Abstract Most studies examining differences between cooperative banks (CBs) and other banking institutions rely on bank‐level data, thereby overlooking effects of the market presence of CBs on banking market structures. To address this gap, we test whether CB's domestic market share predicts national banking stability (Z‐scores) using a unique panel ...
Hans Groeneveld
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Asymmetric Information and Credit Rationing in a Model of Search
GamesThis paper presents a competitive search model focusing on the impact of asymmetric information on credit markets. We show that limited entry by lenders results in endogenous credit rationing, which, in turn, plays a key role in managing adverse ...
Cemil Selcuk
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Diabetic Medicine, EarlyView.Abstract Aims Despite advancements in diabetes care, up to one in four Americans report rationing insulin due to cost concerns; emerging adults are especially susceptible to cost worries as they transition away from family support. Financial toxicity may help elucidate how emerging adults with type 1 diabetes (T1D) experience emotional burden.
Katherine Wentzell +5 more
wiley +1 more source
Choosing not to borrow: Imprinting effects of informality on firms’ credit self-rationing
Borsa Istanbul ReviewWhile firm financing constraints have been widely studied, limited attention has been paid to credit self-rationing. Based on the imprinting hypothesis and firm-level data from 30 countries, this study finds that informal experience significantly ...
Wenwen Jin
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From Coase to culture? Visible Hands Build Equilibria
Economica, EarlyView.Abstract This essay proposes that the classic distinction between firms and markets in Ronald Coase's 1937 paper ‘The nature of the firm’ (Economica, vol. 4, pp. 386–405) be gracefully retired, having been duly celebrated for its field‐launching contribution to organizational economics.
Robert Gibbons
wiley +1 more source
Economics of Transition and Institutional Change, EarlyView.ABSTRACT This article investigates the changes in the structure of employment in Central and Eastern European firms between 2001 and 2007, before the Global Financial Crisis and following the reforms in the labour and credit markets in these economies.
Elisabetta Magnani
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Bad loan build-up in India: A reflection of soft budget constraints
Modern FinanceThis paper analyses the non-performing assets (NPA) crisis in the Indian banking system from the perspective of soft budget constraints. Using a panel dataset of 105 publicly listed firms, it explores the relationship between NPAs and bank lending ...
Dilawar Ahmad Bhat +2 more
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The Bank Financing of Small Unlisted Firms in the UK: An Analysis of Recent Conflicts
The Journal of Entrepreneurial Finance, 1995 This paper examines the characteristics of UK small firm bank finance and the causes of the frequently strained relationship between small firms and banks in the UK. Debt, credit rationing, and call option problems under the UK system are examined.
Kevin Keasey, Robert Watson
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