Showing 1 - 10 of 591
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
We estimate a structural model of borrowing and lending in the illegal money lending market using a unique panel survey of 1,090 borrowers taking out 11,032 loans from loan sharks. We use the model to evaluate the welfare effects of alternative law enforcement strategies. We find that a large...
Persistent link: https://www.econbiz.de/10013262951
There is wide agreement the US student loan system faces significant problems. Seven million borrowers are in default and many more experience non-repayment. The stress of repayments faced by many students results at least in part from the design of US student loans. Specifically, loans are...
Persistent link: https://www.econbiz.de/10011820067
examine the impact of rural-urban migration on the likelihood that households in rural China fall below the poverty line. In … into poverty. -- dynamic binary response models ; control function approach ; migration ; poverty-persistence ; rural China …
Persistent link: https://www.econbiz.de/10009629773
unique dataset that provides information on both current and return migrants in rural China (RUMiC), we investigate the …
Persistent link: https://www.econbiz.de/10009721381
Agricultural credit is one of the most crucial inputs in all agricultural development programmes. Access of rural … credit has still remained scarce in India. Primary Agriculture Credit Societies (PACS) working at grass-root level, having … institution. The present study examines the recovery performance of rural credit given by PACS in six different regions of India …
Persistent link: https://www.econbiz.de/10010379210
raising the extensive margin of processing exports in China for the period of 1997-2007. …
Persistent link: https://www.econbiz.de/10010128870
model based on a natural experiment in which China lifted its restrictions on foreign ownership for multinational companies … ownership structure, the skill upgrading in exports, and the evolution of wage inequality from 1992 to 2008 in China …
Persistent link: https://www.econbiz.de/10011709828
This paper studies the determinants of youth emigration decisions, which is considered to be one of the main causes of 'Brain Drain' in Arab Mediterranean Countries (AMCs). We focus on the case of Lebanon using a unique dataset covering young people aged 15 to 29 from the year 2016. The aim of...
Persistent link: https://www.econbiz.de/10011607350
an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 … effort and hence improved firm performance, and that the performance effect of the winner's prize is greater for China …
Persistent link: https://www.econbiz.de/10003759900