This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … mechanisms by which finance can affect the main results of the conventional model. The key results are as follows. Perfect credit … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations …

international finance is what is insurance and where does insurance end?' This paper aims to elaborate on the economics of insurance … and its borders with general finance. It argues that the classification challenge by regulators partly stems from … terminological confusion between insurance activities and more general financial activities. Insurance and finance both use the same …

We contribute to the finance literature in two main ways. First, we present a theoretical capital asset pricing model …

The paper provides an analysis of the simultaneous existence of the formal and the informal sources of finance and …, viz. formal banking sector with lower interest rate with finance constraint and an informal credit market with a higher … the informal source of finance easily the growth rate could have been lower. The premium associated with the differential …

We present a theoretical and empirical analysis of the links between the gender of an entrepreneur, access to finance … medium enterprises, possibly, because in large firms borrowing is a less essential source of finance. An important policy …