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-scale household survey (10 percent of households, or 50,000 households) that might be conducted concurrently with the census of …
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Union countries, while the corresponding share for European Union-4 countries (Poland, Hungary, Czech Republic, and Slovakia …
Persistent link: https://www.econbiz.de/10011394193
"The World Bank has been publishing estimates of adjusted net or "genuine" saving since 1999. This measure of saving treats depletion of natural resources as a type of economic depreciation. Hamilton uses recent theoretical results relating growth in saving to growth in future consumption to...
Persistent link: https://www.econbiz.de/10010522623
channels through which credit affects growth on the micro-level is scant. Using data from a cross section of Bulgarian firms …, the authors estimate the impact of access to credit (as proxied by indicators of whether firms have access to a credit or …' past growth to instrument for access to credit. The authors find credit to be positively and strongly associated with total …
Persistent link: https://www.econbiz.de/10010522140
"The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies …. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the … short-term debt and low cash stocks and cash flows) are more likely to reduce trade credit provided to their customers. This …
Persistent link: https://www.econbiz.de/10010522484
"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important … aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending … presumably face sizable transaction costs obtaining external credit. The author develops and estimates a model based on limited …
Persistent link: https://www.econbiz.de/10010522697