Credit rationing - Open Access .click

Results 81 to 90 of about 497,361 (202)

International Economic Review, EarlyView.
ABSTRACT We propose a model of debt aversion and conduct an experiment with real debt and saving contracts to jointly elicit debt aversion and preferences over time, risk, and intertemporal losses. We find that 89% of participants are debt averse, which strongly influences their choices.
David Albrecht, Thomas Meissner
wiley +1 more source

Segment information disclosure and trade credit

Journal of Financial Research, EarlyView.
Abstract We examine the effect of mandatory segment disclosure on trade credit financing. Segment disclosure reduces the information advantage of suppliers relative to investors in evaluating firm default risk, reducing firms' reliance on trade credit. Exploiting the adoption of SFAS 131 as a shock to segment disclosure, we find that segment disclosure
Obada Almajali, Phil Holmes, Bin Xu
wiley +1 more source

Adverse Selection and Moral Hazard Effects in the Malaysian Credit Market: An Empirical Analysis

Malaysian Management Journal, 1997
The purpose of this paper is to test empirically the impact of adverse selection and moral hazard on the Malaysian credit market. The paper develops a supply and demand function for credit in Malaysia by using monthly data over the period from January ...
Omar Marashdeh
doaj

RURAL CREDIT RATIONING AND NATIONAL DEVELOPMENT BANKS IN DEVELOPING COUNTRIES [PDF]

A common problem in agricultural credit markets in developing countries is the coexistence of a competitive market equilibrium interest rate and credit rationing.
Casillas, Gabriel, Mitchell, Paul D.
core

Banking with Inside Money: An Efficiency Analysis

Journal of Money, Credit and Banking, EarlyView.
Abstract We show that banks do not decentralize the first best in a nominal Diamond–Dybvig economy with inside money. Furthermore, state‐contingent deposit contracts do not expand the consumption possibility set to include the first best either. Central banks can improve welfare but only for savers and only with unconventional monetary policy. Finally,
DAVID RIVERO, HUGO RODRÍGUEZ MENDIZÁBAL +1 more
wiley +1 more source

Croatian SMEs: Current Stage and Prospect

The Journal of Entrepreneurial Finance, 2009
Small businesses in Croatia are recognized as a locomotive for economic restructuring and increase of rate of employment. Bank credits have become more accessible in Croatia for the SME sector following privatization by foreign banks, which now ...
Ljiljana Viducic +3 more
doaj +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

Credit Rationing, Government Credit Programs and Co-Financing [PDF]

Journal of Applied Economics, 2007
Costly monitoring may lead to credit rationing in equilibrium in an economy without any adverse selection or moral hazard problems. Given the widespread phenomenon of government intervention in credit markets in developing and developed countries, the natural question then is, How effective are these government programs?
openaire +2 more sources

Contestation Between the State, Oil and Fishers in Trinidad and Tobago: (Re)producing ‘Edge’ Populations on the Post‐Plantation Extraction Frontier

Journal of Agrarian Change, EarlyView.
ABSTRACT Successive waves of extraction in the Caribbean—from plantation monocultures to oil and gas—have reshaped overlapping agrarian, coastal and marine environments, undermining the socio‐ecological foundations of small‐scale fisher livelihoods and generating ongoing conflict between the state, energy sector and fishing communities. Yet despite the
Merisa Thompson
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 +3 more
doaj +1 more source

business
interest rates
credit market