Narrow search
Showing 1 - 10 of 1,521
Cover Image
How successful are banking sector reforms in emerging market economies? : evidence from impact of monetary policy on levels and structures of firm debt in India
Bhaumik, Sumon Kumar; Kutan, Ali Mustafa; Majumdar, Sudipa - 2016
that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …
Persistent link: https://www.econbiz.de/10011493763
Cover Image
Multitasking and subjective performance evaluations : theory and evidence from a field experiment in a bank
Manthei, Kathrin; Sliwka, Dirk - 2018
experiment conducted in a bank. In the treatment group managers obtained access to objective performance measures which raised …
Persistent link: https://www.econbiz.de/10011871952
Cover Image
Repayment versus investment conditions and exclusivity in lending contracts
Bougheas, Spiros P.; Dasgupta, Indraneel; Morrissey, Oliver - 2009
Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations whilst international organizations (official lenders) condition future loans on the implementation of some policy action (‘investment’). We build an...
Persistent link: https://www.econbiz.de/10003923918
Cover Image
The effects of credit status on college attainment and college completion
Gicheva, Dora; Ionescu, Felicia; Simpson, Nicole B. - 2012
College students now use various forms of unsecured credit such as private student loans and credit cards to finance college. Access to these credit lines and the interest rates charged on these loans can vary significantly across credit scores. In this paper, we analyze if credit status, as...
Persistent link: https://www.econbiz.de/10009568588
Cover Image
Gambling and the use of credit : an individual and household level analysis
Brown, Sarah; Dickerson, Andrew P.; McHardy, Jolian P.; … - 2010
We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling...
Persistent link: https://www.econbiz.de/10003942188
Cover Image
The value of business networks in emerging economies : an analysis of firms' external financing opportunities
Owolabi, Oluwarotimi; Pal, Sarmistha - 2011
hypothesis. Even after controlling for other factors, firms affiliated to business associations are more likely to secure bank … against the small and medium sized firms' access to bank loans in the CEE regions. Results are robust in both single cross …-section and panel data analyses. -- business networks ; agency costs ; external firm financing ; bank loans ; transition economies …
Persistent link: https://www.econbiz.de/10009307402
Cover Image
Detecting mortgage delinquencies
Askitas, Nikos; Zimmermann, Klaus F. - 2011
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10009312194
Cover Image
Business cycle effects of credit and technology shocks in a DSGE model with firm defaults
Pesaran, M. Hashem; Xu, TengTeng - 2011
habit persistence in consumption behaviour. -- bank credit ; financial intermediation ; firm heterogeneity and defaults …
Persistent link: https://www.econbiz.de/10009488413
Cover Image
Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10010225898
Cover Image
Risk-sharing and student loan policy : consequences for students and institutions
Webber, Douglas A. - 2015
This paper examines the potential costs and benefits associated with a risk-sharing policy imposed on all higher education institutions. Under such a program, institutions would be required to pay for a portion of the student loans among which their students defaulted. I examine the predicted...
Persistent link: https://www.econbiz.de/10010488238