Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …, immigration, unemployment, equalizing differences, and institutions in the labor market. There is particular emphasis on the …

could miss its appropriate settings by as much as 4% p.a. Also, shocks to banking productivity or collateral effectiveness …

concentration (which is shown to be positively correlated with market power) and with the availability of collateral, although the …. Therefore market power in credit markets and collateral appear as substitutes to increase the availability of bank finance under …This paper investigates the relationship between credit market competition and the availability of bank credit for …

the recent lender based theory of collateral (Inderst and Mueller (2007)). We find that, for the average borrower, the use … grants a loan and the location of the borrower) on the use of collateral for business loans by Spanish banks on the basis of … of collateral is higher for loans granted by local lenders than by distant ones. We also show that the difference in the …

collateral is one of the defining characteristics of loan contracts. This paper investigates if relationship lending and market … concentration allow for informational rent extraction through collateral. We use equity IPO data as informational shocks that erode … rentseeking opportunities. Using a new loan-level database for China, we find that collateral incidence increases with …

literatura empírica sobre el proceso reformatorio en China ; By allowing large classes of movable assets to be used as collateral …

funding. We rationalize this finding in a theoretical model in which costs of asset encumbrance increase collateral haircuts … have higher rates of overcollateralisation and rely less on secured debt. Consistent with theory, the effects are stronger …

use as collateral to participate in Eurosystem financing operations. This paper, after a brief summary of the collateral … over the others in terms of the amount of collateral provided: the acceptance of partially government-guaranteed credit … impact has differed widely, determined by the characteristics of the assets used as collateral and their management. Finally …

use as collateral to participate in Eurosystem financing operations. This paper, after a brief summary of the collateral … over the others in terms of the amount of collateral provided: the acceptance of partially government-guaranteed credit … impact has differed widely, determined by the characteristics of the assets used as collateral and their management. Finally …