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government support in the form of credit guarantees or interest rate subsidies. This paper compares different forms of government … support and concludes that credit guarantees and interest rate subsidies have a nonambiguous positive effect on social …Credit contracting between a lender with monopoly market power and a small start-up entrepreneur may lead to the …
Persistent link: https://www.econbiz.de/10009144404
The article is dealing with the description of the Czech institutions engaged in the export credit risk mitigation. The … institutions described in this article are placed in the general context of the international framework of export credit and …
Persistent link: https://www.econbiz.de/10011194951
, and progressive taxation, as well as investment and output subsidies to the entrepreneurial sector. …
Persistent link: https://www.econbiz.de/10005666436
eliminated by government support in the form of credit guarantees or interest-rate subsidies. The principal-agent model of this … paper compares different forms of government support and concludes that credit guarantees and interest-rate subsidies have …Credit contracting between a lender with market power and a small start-up entrepreneur may lead to the rejection of …
Persistent link: https://www.econbiz.de/10009206973
This paper studies optimal taxation of entrepreneurial capital with private information and multiple assets. Entrepreneurial activity is subject to a dynamic moral hazard problem and entrepreneurs face idiosyncratic capital risk. We first characterize the optimal allocation subject to the...
Persistent link: https://www.econbiz.de/10005777891
This paper studies optimal taxation of entrepreneurial capital with private information and multiple assets. Entrepreneurial activity is subject to a dynamic moral hazard problem and entrepreneurs face idiosyncratic capital risk. We first characterize the optimal allocation subject to the...
Persistent link: https://www.econbiz.de/10005811917
provide a brief overview of different credit support institutions, we concentrate on credit guarantees in Czech agriculture …This paper provides an overview of the credit provision in the Czech Republic at the beginning of the transition period …. We show the economic forces leading to the creation of specialized government credit guarantee institution. While we …
Persistent link: https://www.econbiz.de/10008550046
technological determinants of the credit provision for the agriculture in the case of the Czech Republic. The regression model is … of agricultural credit provided by Guarantee Fund goes primarily to the areas with a good conditions for the development … of agricultural production. On the other hand, the direct government subsidies are targeted primarily to the areas with …
Persistent link: https://www.econbiz.de/10005105928
The ING Illiquid Assets Back-up Facility announced January 2009 was a SWAP-based insurance to reduce ING’s exposure to Alt-A related risk. Did the deal involve state aid? Usingmarketprices to evaluate the SWAP directly is impossible because markets for Alt-A based CDOs had collapsed. We...
Persistent link: https://www.econbiz.de/10011255729
In response to the recent Financial Crisis -after it had been widely accepted that "a serious disturbance in the economy of Member States" had occurred, and that several measures were required to remedy this disturbance, various Commission communications were adopted and these include: The...
Persistent link: https://www.econbiz.de/10009195307