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"Mortgage-related hit worse than expected" has been a frequently cited phrase in recent months, and is usually followed by a list of victims consisting of banks and hedge funds. Although the current mortgage mess was caused by the subprime mortgage or bad credit mortgage, the broad impact of...
Persistent link: https://www.econbiz.de/10009452579
Recent theoretical research on rotating savings and credit associations (Roscas) suggests that identical individuals prefer a random to a bidding Rosca when participants save for a lumpy durable or an investment good. Here, in contrast, under the assumption that Rosca funds are used for...
Persistent link: https://www.econbiz.de/10009476244
) Auf der Mikroebene findet man in beiden Ländern eine signifikante Kreditrationierung, allerdings nur für subventionierte … Kredite, so dass auf der Makroebene nicht von einer Kreditrationierung im Sinne von Stiglitz/Weiss gesprochen werden kann. (iv … gleichzeitiger Kreditrationierung auf Mikroebene festgestellt werden. Dies korrespondiert zu den theoretischen Überlegungen von De …
Persistent link: https://www.econbiz.de/10009428993
The financing of agricultural producers is one of the most acute problems along the entire scope of economic reforms in Kazakhstan. The issue is: What kind of financial sources could maintain the development of agricultural production? Internal sources such as profit, depreciation capital, and...
Persistent link: https://www.econbiz.de/10009442653
The objective of this paper is to empirically detect credit rationing of Polish farms. Based on cross-sectional survey data and motivated by a microeconomic farm household model, this effort is pursued by a methodology consisting of three interrelated steps. These steps include the analysis of...
Persistent link: https://www.econbiz.de/10009443825
The Russian establishment- politicians, agricultural officials, corporate farm managers, the media- firmly believe that inadequate access to credit is one of the major factors constraining the growth of the agricultural sector. In technical terms, they in effect claim that Russian agriculture...
Persistent link: https://www.econbiz.de/10009443886
Empirical analysis of rural credit market failure has been of key scientific and political interest in recent years. The aim of this paper is to give an overview of various methods for measuring credit rationing of farms employed in the literature. Furthermore, based on a common analytical...
Persistent link: https://www.econbiz.de/10009444376
This paper addresses the question of financial constraints in Ukrainian agriculture intransition. The main objective is to reveal the evidence of the both phenomena, soft budgetconstraints and credit rationing, investigating investment behaviour of large farms in Ukraine.Our empirical analysis...
Persistent link: https://www.econbiz.de/10009445140
Poster prepared for presentation at the Agricultural & Applied Economics Association 2010 AAEA,CAES, & WAEA Joint Annual Meeting, Denver, Colorado, July 25-27, 2010.
Persistent link: https://www.econbiz.de/10009446108
politischen Entscheidungsträgern viel Aufmerksamkeit erfahren hat, ist Kreditrationierung. Allerdings bestehen empirisch noch … immer Fragen, wie hoch Kreditrationierung eigentlich ist und wie es sich über Kunde-Bank-Beziehungen hinweg entwickelt … vergebener zu nachgefragter Kreditmenge. Meine Ergebnisse zeigen, dass Kreditrationierung bedeutend ist, vor allem am Anfang von …
Persistent link: https://www.econbiz.de/10009476202