Results 191 to 200 of about 588,858 (235)

Investment Facing Credit Rationing

The Manchester School, 1998
The explicit expression of investment facing credit rationing and convex adjustment costs is derived. Three implications follow. First, the assumption of convex adjustment costs can be substituted by credit rationing to derive an investment function.
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Credit Rationing and Payment Incentives

The Review of Economic Studies, 1983
A model of borrowing for production is presented where default leads to exclusion from the capital market. This means contracts are enforceable, provided the current payment is less than or equal to the value of future access to the capital market. The main result of the paper is to show that if this constraint binds then credit is rationed.
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Price Ceilings and Credit Rationing

The Journal of Finance, 1968
THERE IS LITTLE DOUBT that usury laws and small loan laws effectively lower the finance rate to many borrowers obtaining installment loans from consumer credit lenders.' But it also seems likely that the maximum rate provisions contained in small loan legislation restrict the availability of credit to marginal risk loan applicants, forcing them either ...
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Credit Rationing

This major Handbook consists of 29 contributions that explore the full range of exciting and interesting work on money and finance currently taking place within heterodox economics. There are many themes and facets of alternative monetary and financial economics but two major ones can be identified.
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Saving eliminates credit rationing [PDF]

, 2001
Equilibrium credit rationing, in the sense of Stiglitz and Weiss (1981), implies the borrower faces an infinite marginal cost of funds. Infinitessimily delaying the project to accumulate more wealth is therefore advantageous to the borrower. As a result, the well-known conditions for credit rationing cannot be satisfied.
David C Webb, David De Meza
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Are Small Innovators Credit Rationed?

Small Business Economics, 2006
Drawing upon a sample of 256 small firms who applied for bank loans, the current paper is concerned with the extent to which 'innovativeness' is associated with a lower level of loan application success. The paper records the proportion of loan successfully applied for and estimates a series of tobit models utilising a number of proxy measures for ...
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Multi-market credit rationing: The determinants of and impacts on farm performance in Vietnam

Economic Analysis and Policy, 2022
N. Anh, C. Gan, Dao Le Trang Anh
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Credit Rationing in an Open Economy

International Economic Review, 1991
This paper claims that credit market imperfections matter significantly to open economies and can alter basic macroeconomic results. This is demonstrated in the paper by use of an open-economy model with individual credit rationing, due to asymmetric information and moral hazard. The paper concentrates on the effect of fiscal policy and shows that when
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Components Of Credit Rationing

SSRN Electronic Journal, 2019
Credit rationing by lending institutions has been the subject of much research in recent decades. Although there are some empirical indications, there is little theoretical justification about how various forms of credit rationing manifest themselves in credit markets.
Mehdi Beyhaghi, Fathali Firoozi, Abolhassan Jalilvand   +2 more
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Credit Rationing for Forestry Professional Cooperatives: Evidence from China’s Fujian Province

Small-scale Forestry, 2021
Lingyun Huang, Yongwu Dai, Zhongyue Xu
semanticscholar   +1 more source