Showing 31 - 40 of 79
Estudiamos los determinantes de las tenencias de bonos soberanos de los bancos españoles sobre un período prolongado, que comienza en 2008. Nuestros resultados cuestionan la hipótesis de que los bancos decidieron sus estrategias de inversión en función de factores de riesgo moral,...
Persistent link: https://www.econbiz.de/10012532186
Construimos un modelo de equilibrio general estático con empresas monopolísticamente competitivas que toman prestados fondos de bancos competitivos en una economía sujeta a restricciones fi nancieras. Estas fricciones son debidas a la imposibilidad de verifi car tanto los benefi cios de las...
Persistent link: https://www.econbiz.de/10012533086
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
shocks. In a context of collateralized formal credit markets, we provide suggestive evidencethat insurance may help reduce … the fear of losing collateral that prevents potential borrowersfrom taking loans. Framing these experiments to recreate a …
Persistent link: https://www.econbiz.de/10009446167
This paper analyses the effect of non-credit services of joint liability credit institutions on smallholder women … beekeepers’ honey income. The non-credit services offered to the beekeepers are mainly enterprise development services (training … beekeepers participating in group-based credit programmes; the survey was conducted in September 2005 in Makueni district of …
Persistent link: https://www.econbiz.de/10009446370
This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera … determine the influence of credit and interest rate of economic growth in 1989-2008 of North Sumatra. This research uses … that the higher credit demand, then economic growth will increase. Meanwhile, the higher the interest rate, then economic …
Persistent link: https://www.econbiz.de/10009464536
equilibrium, the marginal rate of substitution of cash goods for credit goods depends on the crime rate as well as the nominal … interest rate. Credit may be used when the return on money is not positive. A positive money injection reduces the crime rate … households purchase a greater variety of goods with cash while others purchase a greater variety of goods with credit …
Persistent link: https://www.econbiz.de/10009466028
Romer (2000) provides an alternative model to the AS/AD and IS/LM models that abandons the LM schedule by having the short-term interest rate set by the central bank. His framework acknowledges the critical role of the central bank in determining short-term interest rates, which moves mainstream...
Persistent link: https://www.econbiz.de/10009467791
participant credit behavior. The motivation of the research is derived from previous studies which indicate that conditional cash … remain uninvestigated. My research specifically focuses on the impacts of the program on credit behavior. I compute estimates … on the percent change in loan balance outstanding and credit participation over the four-year evaluation period by …
Persistent link: https://www.econbiz.de/10009468745
inflows and credit, resulted in skyrocketing house prices and an over-expanded construction sector. However, the currency … board limited the Bank of Estonia’s ability to curb credit growth, while the fiscal policy framework amplified the cycle … through pro-cyclical spending increases and tax cuts. As credit was mostly financed by cross-border loans from foreign banks …
Persistent link: https://www.econbiz.de/10009477392