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Investment across the euro area remains below its pre-crisis level. Its performance has been weaker than in most …, corporate leverage, and uncertainty. There is a considerable cross country heterogeneity in terms of both investment dymanics … and its determinants. Based on the findings of this paper, investment is expected to pick up as the recovery strengthens …
Persistent link: https://www.econbiz.de/10011242193
von Sachs/Tornell/Velasco (1996) gewählt, der durch Einbeziehung von Kreditrationierung und Haftungsbeschränkung erweitert … chosen the approach of Sachs/Tornell/Velasco (1996), which we have modified and extended by incorporating credit rationing …
Persistent link: https://www.econbiz.de/10008462113
secondary credit sources, econometric household modelling, and the econometric analysis of dynamic investment decisions. The … erste Vorgehensweise versteht unter Kreditrationierung die Unmöglichkeit, einen Kredit zu erhalten aufgrund von prohibitiv …Empirical analysis of rural credit market failure has been of key scientific and political interest in recent years …
Persistent link: https://www.econbiz.de/10008526801
refers to constraining impacts on farm credit through policy action or inaction. To present the ideas the author discusses …/methodology/approach – The paper is developed as a narrative on agricultural credit policies based largely on existing literature. Findings … – This paper argues that the various critiques of rural credit policy in favor of free market principles have generally not …
Persistent link: https://www.econbiz.de/10010814738
The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in...
Persistent link: https://www.econbiz.de/10004999966
paper is to investigate how credit access probabilities and loan volume rationing magnitudes for farmers change if the MFI … with flexible microfinance loans have significantly higher credit access probabilities than non-agricultural firms and …. Research limitations/implications – Even if the authors can show that access to credit for agricultural firms in Madagascar can …
Persistent link: https://www.econbiz.de/10010688437
This paper highlights the importance of the information efficiency in the banking sector as a way to ensure his correct operation as financial intermediary and the correct functioning of the economy in general. The problems of information in the banks distort their relation with the financing...
Persistent link: https://www.econbiz.de/10008927062
source of credit are major determinants of loan demand. Agrodealers need to organize themselves into input trading …
Persistent link: https://www.econbiz.de/10011114774
shows the impacts of credit rationing and tightening credit conditions, even in the syndicated loans market. We investigate …
Persistent link: https://www.econbiz.de/10010960595
the consequence of the occurrence of credit rationing on farmer's capital accumulation, investment and supply. The method …This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the … dynamic investment model, in which the upper bound on investment is introduced. The limit of the investment enables to analyse …
Persistent link: https://www.econbiz.de/10008597176