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This paper surveys the literature on the linkages between asset prices and macroeconomic outcomes. It focuses on three major questions. First, what are the basic theoretical linkages between asset prices and macroeconomic outcomes? Second, what is the empirical evidence supporting these...
Persistent link: https://www.econbiz.de/10011761064
The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on … determinants and the general trends of the banking credit market between December 2003 and December 2011, while the third section …
Persistent link: https://www.econbiz.de/10011301924
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This study sheds light on small and medium-sized enterprise (SME) financing and its performance in Thailand. It elaborates on the key sources of finance existing for Thai manufacturing SMEs and their importance for SME performance as measured by technical efficiency, export performance, and...
Persistent link: https://www.econbiz.de/10011490747
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question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …
Persistent link: https://www.econbiz.de/10012643066
lending in the sense that some socially productive firms are denied credit due to excessively high interest rate. …
Persistent link: https://www.econbiz.de/10011720504