Results 91 to 100 of about 481,187 (249)

Organized Crime, Corruption, and Economic Growth

Journal of Regional Science, Volume 65, Issue 2, Page 535-560, March 2025.
ABSTRACT In this paper, we study the relationship between organized crime, corruption, and economic growth on a data set from Italian regions for the period 1996–2013. Our working hypothesis is that organized crime can embezzle part of the public expenditure aimed at productive uses by threatening and bribing public officers. To assess the consequences
Tamara Fioroni, Andrea Mario Lavezzi, Giovanni Trovato   +2 more
wiley   +1 more source

Digital credit and insurance: Improving economic well-being for rural households

International Review of Economics & Finance
The integration of digital technologies in credit and insurance services has important implications for the economic well-being of rural households. This paper utilizes cross-sectional data from a 2022 survey conducted with 476 rural households in China ...
Jinhua Zhang, Shuangyu Chen, John W. Goodell, Anna Min Du   +3 more
doaj   +1 more source

Too Much Finance Redux

The Manchester School, EarlyView.
ABSTRACT This paper revisits the “too much finance” hypothesis by reassessing the relationship between financial depth and economic growth using an expanded dataset (1960–2019) and a systematic estimation strategy that avoids reliance on any single, potentially arbitrary sample window.
Jean‐Louis Arcand, Enrico Berkes, Ugo Panizza   +2 more
wiley   +1 more source

Contractionary Effects of Devaluation and the Balance Sheet Effect in a Macroeconomic Model With Heterogeneous Firms

Metroeconomica, EarlyView.
ABSTRACT We propose a demand‐led heterogeneous firm macroeconomic model to study the impact of an exchange rate devaluation on output and financial stability. We simulate the model and find that, in the presence of foreign debt, a devaluation can have contractionary effects.
Lucca Gustafson Rodrigues, Lílian Rolim, Laura Carvalho   +2 more
wiley   +1 more source

Credit Rationing with Heterogeneous Borrowers in Transition Economies: Evidence from Slovakia [PDF]

This paper investigates the macroeconomic importance of credit rationing and whether banks use characteristics such as ownership structure and institutional type of borrowers in order to regulate the risk of loaned funds.
Pavel Ciaian
core  

Revising Structuralism in Times of Crisis: Lance Taylor and the Neo‐Structuralist Synthesis in the 1980s

Metroeconomica, EarlyView.
ABSTRACT This article places the work of Lance Taylor in the broader context of efforts in the 1980s to renew the structuralist tradition of development economics, into what was then newly coined as neo‐structuralism. These efforts centred around three groups: CEPAL, Lance Taylor and his team at MIT, and a group of economists based at the Institute of ...
Andrew M. Fischer
wiley   +1 more source

Firm Heterogeneity, Internal Finance, and `Credit Rationing' [PDF]

Assessing the extent to which agents or firms face capital-market imperfections and quantity restrictions on credit is crucial for measuring intertemporal tradeoffs in consumption or the cost of capital for investment.
Charles W. Calomiris, R. Glenn Hubbard
core  

Rationing as a Normative Principle of Ecosystem Interaction’s Financing

Финансы: теория и практика
The relevance of the study is confirmed by the fact that it is financial relations in ecosystems that have become the subject of research that are influenced by certain rules (including state regulation) that limit the degrees of freedom of ecosystem ...
N. M. Abdikeev, I. M. Stepnov, J. A. Kovalchuk   +2 more
doaj   +1 more source

Credits for Exporters: How Firm Characteristics and Loan Frequency Shape Policy Effectiveness

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We estimate the impact of Eximbank Hungary's working capital loans on firm exports using matching and panel methods. Loans increase export value by about 20% and export share by 6.5%. The strongest point estimates are associated with first loans. Export gains persist over time, but robust long‐run effects are detectable only at the full‐sample
Álmos Telegdy, Szilárd Benk
wiley   +1 more source

Empirical measurement of credit rationing in agriculture: a methodological survey [PDF]

Empirical analysis of rural credit market failure has been of key scientific and political interest in recent years. The aim of this paper is to give an overview of various methods for measuring credit rationing of farms employed in the literature ...
Petrick, Martin
core