Showing 1 - 10 of 106
This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans … differential impacts of providing liquidity for working capital versus providing credit for investments in fixed assets. It finds … credit constraints, regardless of the type of loan used for that purpose. …
Persistent link: https://www.econbiz.de/10012581494
's constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained …
Persistent link: https://www.econbiz.de/10010379263
channels that may have amplified the employment response to the great recession: the credit channel, the wage rigidity channel …, and the labor market segmentation channel. We uncover what we believe is convincing evidence that the severity of credit …
Persistent link: https://www.econbiz.de/10010199018
We investigate the economic effects of the COVID-19 pandemic and the role played by credit constraints in the … increase at a faster rate, with geographical and sectoral heterogeneity in the size of the effects. Credit constraints amplify … the effects on factor demand and sales of the COVID-19 generated shocks. Credit-constrained firms also expect to charge …
Persistent link: https://www.econbiz.de/10012271637
decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial … health following the 2008 crisis is used as an exogenous determinant of firms' access to credit. Findings, relative to the … Belgian economy, clearly highlight that credit matters. They show that SMEs borrowing money from pre-crisis financially less …
Persistent link: https://www.econbiz.de/10011785728
accumulate the needed capital when they face credit constraints at home. The analysis is based on a representative dataset of … lifetime employment histories of return migrants from Bangladesh. After establishing the credit constraints that potential … transformation of lower-income countries by enabling credit-constrained workers to enter into non-agricultural entrepreneurship. …
Persistent link: https://www.econbiz.de/10014443865
lenders. The estimation results imply an increase of 3-4 jobs for each million dollars of loans, suggesting that credit … for the SBA 504 versus 7(a) programs, and with respect to the business cycle, local credit conditions, and within …
Persistent link: https://www.econbiz.de/10011309136
We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked … credit more than other banks. We compare employment changes from 2006 to 2010 at firms heavily indebted to weak banks before …
Persistent link: https://www.econbiz.de/10010225894
Does the availability of internal finance constrain firm growth? Or does it foster it? To answer these questions, we use a panel of 407,096 Chinese firms over the period 2000-2005. We estimate dynamic assets growth equations augmented with cash flow, and find that the growth of state owned...
Persistent link: https://www.econbiz.de/10003771888
Using a representative sample of European firms, we study whether and to what extent financing constraints affect employers' decision to invest in employee training. We combine survey data on investment activities with administrative data on financial statements to develop an index of financing...
Persistent link: https://www.econbiz.de/10012193982