Technology transfer and the so-called productivity spillover-effects are important aspects of foreign direct investments regarding their contribution to the long-term development potential of the host countries.The effects of the foreign direct investments on the foreign and domestic companies...

This study addresses the potential trade-off between inflation and exchange rate targeting in former transition countries, which now may be labeled emerging market economies and which prepare for entry into the Economic and Monetary Union (EMU). Among this group of countries, some implemented...

Uma avaliação empírica da existência de racionamento de crédito, segundo Stiglitz e Weiss (1981), requer o estudo do impacto da política monetária sobre o mercado de crédito, em especial sobre a taxa de juros dos empréstimos. Desta forma, o objetivo deste artigo é analisar as...

Magistro baigiamajame darbe ištirti bei įvertinti Lietuvos komercinių bankų pagrindiniai kreditavimo sistemos elementais, tokie kaip kreditavimo procesas, procedūros bei paskolų portfelis, išsiaiškinti sėkmingą kreditavimo veiklą įtakojantis veiksniai ir pateikti pasiūlymai dėl...

Bankinis sektorius yra vienas iš svarbiausių ekonomikos sektorių, užtikrinančių, kad ekonomikoje nepaliaujamai vyktų pinigų manai ir cirkuliacija. Todėl tyrimai, susiję su bankų kreditavimo pokyčiais yra itin aktualūs. Didėjanti besivystančių rinkų svarba globalioje ekonomikoje,...

We study the spillovers from government intervention in the mortgage market on households’ consumption using the household survey data from the US. After an expansionary mortgage market operation, the increase in consumption of homeowners with mortgage debt is large and signifi cant, while the...

CMBS are an important segment of the real estate debt markets which reduce the commercial property sector's dependence on bank financing. Until the advent of the credit squeeze in Q3:2007, the CMBS market was one of the most dynamic and fastest-growing sectors in the capital markets, for a...

Purpose – The purpose of this paper is to perform a comparative study of prediction performances of an artificial neutral network (ANN) model against a linear prediction model like a linear discriminant analysis (LDA) with regards to forecasting corporate credit ratings from financial...