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Persistent link: https://www.econbiz.de/10001553836
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 …
Persistent link: https://www.econbiz.de/10003663077
Persistent link: https://www.econbiz.de/10000845187
Firm investment, Intangible assets, Loan terms, Credit constraint, Survey data, Instrumental variable approachUsing … European firm-level data from a new survey, the EIBIS, we document the effect of bank loan terms on investment in intangible … benefit from the complementarities of these assets. We document the effect of loan conditions on investment intensity, as well …
Persistent link: https://www.econbiz.de/10012520775
Persistent link: https://www.econbiz.de/10009553942
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...
Persistent link: https://www.econbiz.de/10010485521
2015, we test whether young businesses are more likely to face credit rejections from lenders than their older peers. Our … the issue of sample selection bias potentially affecting our data. Additional tests also reveal that credit constraints … viability of credit and, thus, ensure the growth of young businesses in the Euro area. …
Persistent link: https://www.econbiz.de/10011845249
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Research subject of this paper is the credit transmission mechanism in the Republic of Macedonia or in other words this …. The credit transmission is analyzed through its narrow nature or so called bank lending channel. In order to explain how … first one is the traditional bank lending channel explained by Bernanke and Blinder model and the second one is the credit …
Persistent link: https://www.econbiz.de/10011852881
shorter maturity credit lines than large firms; (ii) have less active maturity management and therefore frequently have … expiring credit; (iii) post more collateral on both credit lines and term loans; (iv) have higher utilization rates in normal … recession. Consistent with the theory, the increase in bank credit in 2020:Q1 and 2020:Q2 came almost entirely from drawdowns by …
Persistent link: https://www.econbiz.de/10012309187