Showing 1 - 10 of 146
Guided by the frame work of a household model under credit market failure, this paper aims at investigating the impact of access to credit on the adoption of hybrid maize among households that vary in their credit constraints. The data used in the study is from Malawi collected by the...
Persistent link: https://www.econbiz.de/10009446368
La teoría de la renta permanente predice que en ausencia de restricciones al crédito las decisiones de gasto de los propietarios de vivienda dependen principalmente del tipo de interés de su hipoteca. Por el contrario, el consumo de hogares con acceso limitado al crédito depende de otras...
Persistent link: https://www.econbiz.de/10012530325
view, we devise and estimate a dynamic general equilibrium model with collateralized borrowing and occasionally binding …
Persistent link: https://www.econbiz.de/10012530573
This paper tests the opportunity-cost theory using a panel of Spanish firms during the period 1991-2010. Under this theory, productivity-enhancing activities, such as R&D investment, should increase during downturns because of the fall in their relative cost – in terms of forgone output –....
Persistent link: https://www.econbiz.de/10012530381
El presente documento estudia el acceso al crédito y la propensión a salir del mercado de las empresas sin deuda bancaria (la principal fuente de financiación de las empresas españolas no cotizadas) en torno a la crisis del COVID-19. La metodología implementada permite distinguir entre...
Persistent link: https://www.econbiz.de/10014573647
New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent's installed base, users' adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...
Persistent link: https://www.econbiz.de/10009438975
New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent’s installed base, users’ adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...
Persistent link: https://www.econbiz.de/10009439203
productivity data. This paper examines the long run, or the equilibrium, relationship between productivity and stock returns for … the 1951-2002 period. It introduces the notion of equilibrium as represented by the co-movements of economic variables in … the long run. This notion is viewed to be broader than the economic theory definition of equilibrium that usually means …
Persistent link: https://www.econbiz.de/10009441680
-run equilibrium in the Asia-Pacific economies as being 5 years. The methodology is used to group countries with high-trade intensity … the long-run equilibrium, we believe, helps in some ways to enrich the literature on the exchange rate behaviour of an …
Persistent link: https://www.econbiz.de/10009441759
conceptual background of the new system design. The new system’s long-term objective is to ensure intergenerational equilibrium …
Persistent link: https://www.econbiz.de/10009477084