instability. When firms react to tighter credit markets by switching to barter, the risk they face diminishes, allowing for a …

inflows and credit, resulted in skyrocketing house prices and an over-expanded construction sector. However, the currency … board limited the Bank of Estonia’s ability to curb credit growth, while the fiscal policy framework amplified the cycle … through pro-cyclical spending increases and tax cuts. As credit was mostly financed by cross-border loans from foreign banks …

collected from 264 Russian firms in the spring and fall 2001 are used to construct a security index and credit index in order to … lower investment by 20%. Firms with access to credit reported reinvesting a significantly greater share of their profits …

currency board. It focuses on the ‘intersection’ of credit supply and demand on the side of banks and firms simultaneously. We … unique database on firms. The study found that the dynamics and structure of credit is affected mainly by the features of the …

contexts of China and Russia. Using interview data of 159 software entrepreneurs in Beijing and Moscow, the study found that …

a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition …

Internet ventures in Beijing, China. The study found the positive and the negative contingent effects of structural holes on …

The role of government shareholding in corporate performance is central to an understanding of China’s newly privatized …