of growth induced by financial deepening from crises induced by credit booms. Cross-country panel regressions with five …

outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of … credit or financial capital as past savings, finances employment and machines or capital goods used in the process of … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit …

How does banking competition affect credit provision and growth? How does it affect financial stability? In order to … century National Banking Era. We show that banks operating in markets with lower entry barriers extend more credit. The … resulting local credit boom, in turn, is associated with an expansion in real economic activity. However, banks in markets with …

growth in outstanding bank credit, deposit growth and asset quality, we find that lagged credit growth has a positive … Ratio is also seen to have a negative contemporaneous effect on credit growth, an indication of immediate supply side …

evidence that foreign banking penetration can be associated with a contraction of banking credit, especially in countries with … poor credit markets. Second I present a model in which the presence or the absence of foreign lenders endogenously modifies … firms credit constraints and hence the volume of credit extended in the economy. Specifically, I show on the one hand that …

This paper investigates the impact of heterogeneous wealth on credit allocation from an egalitarian opportunity and an … screening, no inefficiencies in the allocation of credit and equality of opportunity. …

Credit markets serve a vi ... …

, a for-profit monopolist, and a competitive credit market. To understand the magnitude of the effects analyzed, we …