El presente estudio analiza las causas del racionamiento de crédito en las micro y pequeñas empresas peruanas. Dado que en Perú se produce un especial problema en el acceso al crédito puesto que el sistema financiero no está plenamente desarrollado y las posibilidades de acceso al...

The main objective of this paper is to determine if it is possible to find within the credit market any restrictions, for instance to credit concessions and its commercial conditions to more little firms or to those that do not have a strong relationship whit their usual banks, and, if the...

Financing has been considered as a critical requirement for firm innovation projects. However, these projects are typically characterized by a high degree of uncertainty, complexity and specificity. As a consequence companies may find difficulties to obtain support from financial markets. By a...

During the last years, Mexico has registered relatively large output falls. The business cycle accounting method of Chari, Kehoe and McGrattan (2007) is applied to the two most recent recessions in Mexico (including the 'Tequila crisis') in order to understand what are the most important wedges...

This paper shows the relationship between business growth and private corruption in the manufacturing industry in Colombia. This study investigates the dynamics of these variables using various techniques by implementing empirical models: estimations via panel data estimates and modeling with...