Showing 1 - 10 of 189
This paper aims to characterize the behavior of economic agents on Sub-Saharan Africa’s credit market in order to … functioning of the credit market. By considering the social interactions (social signal) as a starting point and the main … determinant of the economic fact, it leads to three main results: (i) the credit supply is inversely proportional to interest rate …
Persistent link: https://www.econbiz.de/10011259545
We build up a simple Ricardian trade model with imperfection in the market for credit which affects the pattern of … production. Workers/entrepreneurs are endowed with different levels “capital” and need to borrow to produce the credit intensive …
Persistent link: https://www.econbiz.de/10011259555
this paper is to describe how to measure credit market integration. The financial and credit market integration are defined … in second chapter. Three methods of measuring credit market integration are described in third chapter. Price indicators …
Persistent link: https://www.econbiz.de/10008646779
We study the implication of credit constraints for the sustainability of product market collusion in a bank financed … Cournot duopoly when firms face an imperfect credit market. We consider two situations without or with credit rationing. When … there is no credit rationing moderately higher cost of external finance may affect the degree of collusion, but a …
Persistent link: https://www.econbiz.de/10011108211
We build up a Ricardian trade model for a small open economy with imperfection in the market for credit which … need to borrow to produce the credit intensive good. Firms with strong internal cash flow will enter the credit intensive … as well as internal trade. Two credit constrained nations may trade in fragments. The unconstrained richer firms will …
Persistent link: https://www.econbiz.de/10011109643
We study a benchmark model with collateral constraints and heterogeneous discounting. Contrarily to a rich literature on borrowing limits, we allow for rental markets. By incorporating this missing market, we show that impatient agents choose to rent rather than to own the collateral in the...
Persistent link: https://www.econbiz.de/10011111294
This study focuses on the credit market in the Czech Republic. The aim of this paper is to carry out an econometric … investigation of supply and demand on the credit market and to predict the development in the future. The first part of the paper … briefly characterizes the credit market in the Czech Republic. As a result of banking crisis, the growth rate of credits …
Persistent link: https://www.econbiz.de/10005790143
We examine experimentally the effect of complexity on individual decision making. We focus on credit choices, as they …
Persistent link: https://www.econbiz.de/10011210868
The paper examines marketing patterns when interest and storage loss rates are greater in rural zones, representing informal sector storage usually on-farm, than in urban zones, representing formal sector storage off-farm. Empirical results indicate that divergences in interest and storage loss...
Persistent link: https://www.econbiz.de/10011212583
credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or … consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility … insurance or the complete consumer credit. The comparative static analysis of the saddle point of the utility function discovers …
Persistent link: https://www.econbiz.de/10011267888