Research subject of this paper is the credit transmission mechanism in the Republic of Macedonia or in other words this …. The credit transmission is analyzed through its narrow nature or so called bank lending channel. In order to explain how … first one is the traditional bank lending channel explained by Bernanke and Blinder model and the second one is the credit …

screen out high credit risk and potentially increase access to credit for small business owners in Peru. We use … entrepreneurs who were offered a loan based on the traditional credit-scoring method versus the EFL tool. We find that the … entrepreneurs - i.e., those with a credit history. For unbanked entrepreneurs - i.e., those without a credit history - using the EFL …

This paper evaluates the performance of a variety of structural VAR models in estimating the impact of credit supply …, on average, that credit supply shocks that raise spreads by 10 basis points reduce GDP growth and inflation by 1% after …

choices in practice. We draw on a cluster randomized controlled trial in rural India to test predictions from a theoretical …

their patronage powers. We support this conclusion with new evidence from many countries, allowing us to rule out …

effective secret vote, shaped the nature of party politics in Brazil. Engaging the literature on political clientelism, the …