Results 51 to 60 of about 507,711 (208)

Do banking relationships improve credit conditions for Spanish SMEs? [PDF]

, 2005
Small and medium-sized companies are extremely important for the Spanish economy. However, they face difficulties when trying to obtain financing (credit rationing).
Cardone Riportella, Clara, Casasola, María José, Samartín, Margarita   +2 more
core   +1 more source

CREDIT MARKET IMPERFECTIONS IN THE THEORY OF CREDIT RATIONING

Financial Internet Quarterly
The article aims at comparative analysis of the nature and dimensions of credit rationing on the grounds of theory of finance. The paper identifies the essence of credit rationing through the prism of its most important endogenous and exogenous prerequisites, assuming the lack of adequate instruments that could be used by banks to individually select ...
openaire   +2 more sources

Asymmetric Information and Credit Rationing in a Model of Search

Games
This 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
doaj   +1 more source

Choosing not to borrow: Imprinting effects of informality on firms’ credit self-rationing

Borsa Istanbul Review
While 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
doaj   +1 more source

Single-Name Credit Risk, Portfolio Risk, and Credit Rationing [PDF]

This paper introduces non-diversifiable risk in the Stiglitz-Weiss adverse selection model, so that an increase in the average riskiness of the borrower pool causes higher portfolio risk.
Arnold, Lutz G., Reeder, Johannes, Trepl , Stefanie   +2 more
core  

Credit Rationing, Wealth Inequality, and Allocation of Talent [PDF]

We study an economy where agents are heterogeneous in terms of observable wealth and unobservable talent. Adverse selection forces creditors to ask for collateral.
Tomas Sjostrom, Maitreesh Ghatak, Massimo Morelli   +2 more
core  

Bad loan build-up in India: A reflection of soft budget constraints

Modern Finance
This 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, Udayan Chanda, Anil K. Bhat   +2 more
doaj   +1 more source

Credit rationing and firms in oligopoly [PDF]

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  

The impact of population ageing on credit rationing in rural China

Cogent Economics & Finance
Based on the trend of ageing in rural populations, this study utilized the 2019 China Household Finance Survey data to theoretically and empirically analyze the rationing behavior of rural formal financial institutions in credit supply and demand.
Pengfei Liu
doaj   +1 more source

The relationship between Bank Credits and Socioeconomic Indicators in Agricultural Sector: A Case Study of the Fars Province [PDF]

پژوهشهای اقتصادی, 2010
Bank credit is an important source for the finance in agricultural sector. Agricultural credit is expected to play a critical role in agricultural development. Since the banking system supplies lower interest loans, there is a higher demand for financing
Abdulhamid khosravi
doaj