Credit Rationing in the Polish Farm Sector: A Microeconometric Analysis Based on Survey Data [PDF]
The objective of this paper is to empirically detect credit rationing of Polish farms. Based on cross-sectional survey data and motivated by a microeconomic farm household model, this effort is pursued by a methodology consisting of three interrelated ...
Petrick, Martin
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A Semiparametric Time Trend Varying Coefficients Model: With An Application to Evaluate Credit Rationing in U.S. Credit Market [PDF]
In this paper, we propose a new semiparametric varying coefficient model which extends the existing semi-parametric varying coefficient models to allow for a time trend regressor with smooth coefficient function. We propose to use the local linear method
Jingping Gu, Paula Hernandez-Verme
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Lending relationships and credit rationing: the impact of securitization [PDF]
Do lending relationships mitigate credit rationing? Does securitization influence the impact of lending relationships on credit rationing? If so, is its impact differently in normal periods versus crisis periods?
Rodriguez-Fernandez, F. +2 more
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Trade Credit and Credit Rationing in Canadian Firms [PDF]
Burkart and Ellingsen's (2004) model of trade credit and bank credit rationing predicts that trade credit will be used by medium-wealth and low-wealth firms to help ease bank credit rationing.
Rose Cunningham
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Credit rationing and crowding out during the Industrial Revolution: Evidence from Hoare's Bank, 1702-1862 [PDF]
Crowding-out during the British Industrial Revolution has long been one of the leading explanations for slow growth during the Industrial Revolution, but little empirical evidence exists to support it.
Peter Temin, Joachim Voth
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Information Sharing and Credit Rationing: Evidence from the Introduction of a Public Credit Registry [PDF]
We provide the first evidence on how the introduction of information sharing via a public credit registry affects banks’ lending decisions. We employ a unique dataset containing detailed information on credit card applications and decisions from one of ...
Degryse, H.A., Cheng, X.
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Multiple-Bank Lending, Creditor Rights and Information Sharing [PDF]
Multiple bank lending creates an incentive to overborrow and default. When creditor rights are poorly protected and collateral value is volatile, this incentive leads to rationing and non-competitive interest rates.
Marco Pagano +2 more
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On the Possibility of Credit Rationing in the Stiglitz-Weiss Model [PDF]
Contrary to what is consistently assumed in the literature, the return function cannot be hump-shaped in the Stiglitz-Weiss (1981) model. This has important consequences for the possible occurrence of credit rationing and redlining.
Arnold, Lutz G.
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Bank credit in the transmission of monetary policy: A critical review of the issues and evidence [PDF]
The "credit view" emphasizes the impact of monetary policy on the amount and conditions of credit supplied by the banking sector as a main transmission channel. A review of the literature shows that the view that banks are in some sense special is widely
Smant, David / D.J.C.
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Investment, Efficiency, and Credit Rationing: Evidence from Hungarian Panel Data [PDF]
Relying upon a rich and unique panel of Hungarian firms over 7 years, from 1992 up to 1998, this paper estimates simultaneously TFP, Total Factor Productivity, identified as efficiency, and the parameters of a model where investment depends upon internal
Mathilde Maurel
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