Showing 1 - 10 of 89
Small Business Administration (SBA) loans have long been one of the most significant policy interventions in the U.S. affecting firm behavior, but little is known about their outcomes. This paper estimates the effects on employment using a list of all SBA loans linked to annual data on all U.S....
Persistent link: https://www.econbiz.de/10010884334
The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the … relational incentives are a powerful causal determinant for the existence and performance of credit markets. In fact, in the … absence of legal enforcement and reputation formation opportunities the credit market breaks down almost completely while if …
Persistent link: https://www.econbiz.de/10004976880
Agricultural credit is one of the most crucial inputs in all agricultural development programmes. Access of rural … credit has still remained scarce in India. Primary Agriculture Credit Societies (PACS) working at grass-root level, having … institution. The present study examines the recovery performance of rural credit given by PACS in six different regions of India …
Persistent link: https://www.econbiz.de/10011100176
Korean government has invested significant amount of resources through credit guarantee funds to promote SMEs survival …, performance and R&D investment. This study attempts to identify determinants of provision of credit guarantees and estimate their … effects on firms R&D expenditures. The relationship between duration of credit and firm's survival and performance is also …
Persistent link: https://www.econbiz.de/10010884264
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10008632733
The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report investigates the determinants of FDI inflows to developing...
Persistent link: https://www.econbiz.de/10005762073
Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at...
Persistent link: https://www.econbiz.de/10010884156
-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higherincome … the underlying type of the applicant, so that banks ultimately channel more credit toward lower-income applicants in low …
Persistent link: https://www.econbiz.de/10010884200
This paper examines the gender gaps in the use of higher-order financial services such as investment and insurance, draws on the FinMark national-level data from Ghana and South Africa. The main observation is that females in South Africa are more likely to use general financial and investment...
Persistent link: https://www.econbiz.de/10010884363
Using harmonized wealth data and a novel decomposition approach in this literature, we show that cohort effects exist in the income profiles of asset and debt portfolios for a sample of European countries, the U.S. and Canada. We find that the association between household wealth portfolios at...
Persistent link: https://www.econbiz.de/10010959745