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the consequence of the occurrence of credit rationing on farmer's capital accumulation, investment and supply. The method … lower. -- Credit constraint ; investment ; capital ; SGAFF (Supporting and Guarantee Agricultural and Forestry Fund …This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the …
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Higher education is not just a signal of innate ability. At least a certain level of educational achievement (degree level, degree mark) is strictly required to perform a graduate job. School leavers fall into two categories, the rich and the poor. Ability is distributed in the same way in both...
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In this paper we use balance-sheet data and information on bankruptcy to study the relationship between investment …-2011, which also allows us to study the impact of the 2008 crisis on Czech companies. Using investment-cash flow sensitivity to … significant impact on the investment rate. By taking a closer look at individual subsamples we reveal that the existence of …
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augmented to include incomplete information about credit risk. Austerity is defined as the shortfall of consumption from the … more favourable loan package; that it is associated with over-investment even when investment does not create collateral …
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