We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on …

changes in financial intermediaries' balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

The purpose of this paper is to assess whether the banking system, over and beyond its credit function, has a …, our regressions confidently support the hypothesis that banks contribute to economic development not only as credit … suppliers but also by facilitating transactions. Specifically, along with the ratio of private credit to GDP, the ratio of …

, the Central Government and the Reserve Bank of India have been making efforts to enhance institutional credit in rural … areas particularly to assist in agricultural operations. It began with the enactment of the Co-operative Credit Societies … noninstitutional lenders still account for only 36 per cent of the total outstanding agricultural loan, the short-term credit from …

's notion of the role of credit system in an expanded reproduction of capital is understood in terms of an efficient … reallocation of funds through credit market. From this setup of the model follow two essential relationships Marx establishes …

fundamentals or a small revision of beliefs can create a self-reinforcing feedback loop that impairs credit provision, lowers asset …

comparing Wicksell's theory of price level determination in a pure credit economy, the "cumulative process", to the neo … stability with a reformed financial system that maintains credit stability. The paper uses empirical evidence from Sweden and …

disparities in income, employment, homeownership, education, access to credit, and retirement savings - all factors that …