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Persistent link: https://www.econbiz.de/10008496344
reforms.However, the estimation results show that other policy tasks remain. First, insufficient collateral may become a … serious impediment to financial activities. Second, only companies with sufficient collateral can borrow long-term. In order …
Persistent link: https://www.econbiz.de/10008496351
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The purpose of this paper is to estimate the degree of competition of consumer loan industry in Japan utilizing responses to a questionnaire survey conducted by Japan Consumer Finance Association. Estimating the cost function, we found that the industry is characterized by large scale economies....
Persistent link: https://www.econbiz.de/10005710085