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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/10013016226
's constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained …
Persistent link: https://www.econbiz.de/10013051438
entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy …, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more …
Persistent link: https://www.econbiz.de/10013130785
recent inflation (or the European Central Bank's inflation target) whereas other firms are not. This information treatment … them to raise their prices, increase their utilization of credit, and reduce their employment. However, when policy rates …
Persistent link: https://www.econbiz.de/10012894535
Analyzing a list of all Small Business Administration (SBA) loans in 1991 to 2009 linked with annual information on all U.S. employers from 1976 to 2012, we apply detailed matching and regression methods to estimate the variation in SBA loan effects on job creation and firm survival across firm...
Persistent link: https://www.econbiz.de/10013012022
the estimates are not driven by differential demand conditions across firms. Exploiting variation in the distance of …
Persistent link: https://www.econbiz.de/10013077297
We estimate the impact of the Community Reinvestment Act (CRA) on small business lending in lower-income neighborhoods. Using 2004-2016 panel data on census tracts, we apply a combined regression discontinuity and fixed effect method. We find that the number of small business loans increases by...
Persistent link: https://www.econbiz.de/10013406859
This paper studies the effect of competition on ethnic discrimination by carrying out a field experiment in the context of the rice market in Bangladesh. We recruit professional rice buyers (middlemen) to act as judges in a rice competition by providing a quality rating and a price quote for...
Persistent link: https://www.econbiz.de/10012833246
Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …
Persistent link: https://www.econbiz.de/10012906476
randomly provided to firms over time with detailed credit data that covers the borrowing decisions of firms. This allows us to …
Persistent link: https://www.econbiz.de/10014239291