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academics as well as policy makers is credit rationing, but empirically there still remain questions on how big the actual … extent of credit rationing is and how it evolves over bank relationships. In contrast to previous studies, I employ a more … direct indicator of the actual extent of credit rationing, namely the ratio of granted to requested loan amounts, in chapter …
Persistent link: https://www.econbiz.de/10009476202
subsidisation apparently contributed little to alleviate credit rationing of farms in Poland. …The objective of this paper is to empirically detect credit rationing of Polish farms. Based on cross-sectional survey … interrelated steps. These steps include the analysis of qualitative survey data regarding farmers' experience with bank credit …
Persistent link: https://www.econbiz.de/10009443825
to reveal the evidence of the both phenomena, soft budgetconstraints and credit rationing, investigating investment …
Persistent link: https://www.econbiz.de/10009445140
Strategic restructuring of firms through investment is key to a transition from plan to market. Using data on … the least, (b) private firms do not invest more than state-owned ones and (c) cooperatives and small firms are credit … rationed. Given the large volume of non-performing bank loans to firms and the high rate of investment of large state owned and …
Persistent link: https://www.econbiz.de/10009477243
the possibility that this higher than average foreign investment may exacerbate other firms credit constraints by crowding … domestically owned, and State-owned) are credit rationed, including foreign firms. State-owned firms do not have an investment … the providing with soft credit). For these firms, wages increase together with investment. …
Persistent link: https://www.econbiz.de/10009477514
This thesis examines the relationship of monetary policy and investment in a theoretical framework in which monetary … models is examined. It is found that the money, investment relationship, with close money, real interaction, is appropriately …
Persistent link: https://www.econbiz.de/10009457758
This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera … determine the influence of credit and interest rate of economic growth in 1989-2008 of North Sumatra. This research uses … that the higher credit demand, then economic growth will increase. Meanwhile, the higher the interest rate, then economic …
Persistent link: https://www.econbiz.de/10009464536
. Hierzu wurden in Polen und der Slowakei Experteninterviews mit Bankenvertretern geführt und einzelbetriebliche Daten auf … in Polen positiv mit ökonomischer Effizienz korreliert sind, ergibt sich in der Slowakei eine negative Korrelation. (iii …) Auf der Mikroebene findet man in beiden Ländern eine signifikante Kreditrationierung, allerdings nur für subventionierte …
Persistent link: https://www.econbiz.de/10009428993
constraints, a housing bubble initially raises credit demand by housing firms while leaving credit supply unaffected. It therefore … crowds out credit to non-housing firms. If time passes and the bubble lasts, however, housing firms eventually pay back their … higher loans. This leads to an increase in banks’ net worth and thus to an expansion in their supply of credit to all firms …
Persistent link: https://www.econbiz.de/10012532170
the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …
Persistent link: https://www.econbiz.de/10009451158