Results 41 to 50 of about 507,711 (208)

Is There a Credit Crunch in the Czech Republic?

open access: yesActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015
We apply a disequilibrium model of credit demand and supply to test the credit crunch hypothesis. We suppose that firms face credit rationing and a realised outstanding loan will be the minimum desired level of commercial bank loans and bank limit for ...
Lucie Režňáková, Svatopluk Kapounek
doaj   +1 more source

Crime and credit: Analyzing the impact of organized crime perceptions on loan restrictions

open access: yesInternational Review of Economics & Finance
This study examines the impact of perceived organized crime on firms’ access to bank loans. The analysis relies on an original survey conducted by the Bank of Italy, involving a representative sample of approximately 1100 Italian firms across all sectors,
Antonio Fabio Forgione   +2 more
doaj   +1 more source

Os impactos do terramoto de 1755 no mercado de crédito de Lisboa

open access: yesLer História, 2018
This article looks at the consequences of the earthquake of 1755 in the financial market grounded on literature on contemporary impacts of geophysical catastrophes and on notarized credit in Lisbon.
Leonor Freire Costa   +2 more
doaj   +1 more source

Monetary Transmission & Small Firm Credit Rationing: The Stablecoin Opportunity to Raise Business Credit Flows

open access: yesFinTech
Credit rationing, especially prevalent for smaller firms, impedes economic growth. A central bank-aligned not-for-profit managed business-to-business “stablecoin” (“synthetic central bank digital currency”) providing trade credit liquidity can provide ...
Richard Simmons
doaj   +1 more source

Pessimism, Optimism and Credit Rationing [PDF]

open access: yes
In their celebrated contribution on credit rationing, Stiglitz and Weiss (1981) showed that the expected return to the borrower on a loan is increasing in the risk of the project it funds. In this paper, I show that their results do not necessarily carry
Jean-Louis ARCAND
core   +2 more sources

Analysis of credit rationing in commodity, money and bond Markets; by the use of walras’s law [PDF]

open access: yesفصلنامه پژوهش‌های اقتصادی ایران, 2011
One of the most important issues in financial market particularly for banks is the issue of asymmetric information. Adverse selection could be made from the lack of sufficient information about credit specification, type of preferences and in general ...
Asgar Abolhasani
doaj  

Pessimism, optimism and credit rationing [PDF]

open access: yes, 2006
In their celebrated contribution on credit rationing, Stiglitz and Weiss (1981) showed that the expected return to the borrower on a loan is increasing in the risk of the project it funds. In this paper, I show that their results do not necessarily carry over to the case where the agents' preferences can be described by rank-dependent expected utility (
openaire   +3 more sources

Credit rationing and firms in oligopoly

open access: yes, 2005
This paper develops a theory of the firm, and equilibrium credit rationing mechanisms in oligopoly with R&D-product market competition. Credit rationing arises from a hold-up problem between wealth-constrained entrepreneurs and external investors ...
Tong, Jian
core   +1 more source

How Do Banks Pick Safer Ventures? A Theory Relating the Importance of Risk Aversion and Collateral to Interest Margins and Credit Rationing

open access: yesThe 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
doaj   +1 more source

CREDIT RATIONING IN RURAL INDIA [PDF]

open access: yes
The view that households are credit rationed by the formal sector, rests on the assumptions that all households have a positive demand for formal credit and it is a cheaper source for borrowing.
Ranjula Bali Swain
core  

Home - About - Disclaimer - Privacy