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In the middle of the nineties the rural population in Burkina Faso was seriously hit by rising food prices. Whereas cotton farmers were able to cope with this shock given the simultaneous boom in the cotton sector, food crop farmers had to withdraw children from school and to let them work more...
Persistent link: https://www.econbiz.de/10010281824
This paper examines how Nepal's 1996-2006 civil conflict affected women's decisions to engage in employment. Using … three waves of Nepal Demographic and Health Survey, we employ a difference-in-difference approach to identify the impact of …
Persistent link: https://www.econbiz.de/10010282335
This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …
Persistent link: https://www.econbiz.de/10011604527
use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …
Persistent link: https://www.econbiz.de/10010271301
? liquidity constraints. We also demonstrate that increasing the rate of inflation can be welfare improving when credit rationing …
Persistent link: https://www.econbiz.de/10010277060
The recent financial crisis has put the spotlight on the rapid rise in credit which preceded it. In this paper, we … provide an empirical and theoretical analysis of the credit boom and the macroeconomic context in which it developed. We find … economies in which it took place. We show that this type of credit and financial cycle is hard to reconcile with existing …
Persistent link: https://www.econbiz.de/10010277874
documents a growing role of non-bank financial intermediaries in the provision of credit to NFCs. After exploring supply and … reallocation of credit to other sectors or assets. This could generate greater systemic risk through unsustainable valuations or …
Persistent link: https://www.econbiz.de/10014327946
We examine experimentally the effect of complexity on individual decision making. We focus on credit choices, as they …
Persistent link: https://www.econbiz.de/10010427626
show that the incidence of inefficient credit termination and subsequent firm liquidation is contingent on the borrower … inefficient credit decisions than monopoly relationship lending or homogeneous multiple banking, provided that the relationship …
Persistent link: https://www.econbiz.de/10010316088
Communal responsibility, a medieval institution studied by Greif (2006), supported the use of credit among European …. Enforceability within each village's centralized afternoon market ensures collateralization of credit in decentralized markets. In … the resulting equilibrium, money and credit coexist in decentralized markets if the use of credit is costly. Our analysis …
Persistent link: https://www.econbiz.de/10010281523