be eliminated by a government support in the form of credit guarantees or subsidies. The principal-agent model of this … interest rate is not a sufficiently robust policy instrument. Lump-sum guarantees and interest rate subsidies are evaluated as …Credit contracting between a lender with a market power and a small start-up entrepreneur may lead to a rejection of …

Provision of credit guarantees or subsidies may remove an adverse selection leading to credit rationing. This paper … concentrates on comparison of government budget costs of credit guarantees and subsidies in a monopolistic credit market. Different … costs of high-risk entrepreneurs, the budget-cost minimizing government should prefer guarantees over interest rate …

be eliminated by a government support in the form of credit guarantees or subsidies. The principal-agent model of this … interest rate is not a sufficiently robust policy instrument. Lump-sum guarantees and interest rate subsidies are evaluated as …Credit contracting between a lender with a market power and a small start-up entrepreneur may lead to a rejection of …

The paper concentrates on the description of the Czech institutions which provide credit support to small and medium …

We compare the effects of government credit subsidies and guarantees on decreasing inefficiencies caused by principal …-agent problems in the credit market in transition and posttransition economies. We show that the guarantees and subsidies targeted to … and post-transition economies. The uniform non-targeted guarantees decrease the credit rationing or dead-weight loss …

The paper analyzes the government budget cost of credit guarantees and subsidies. The analysis is done both in a … expected costs of credit guarantees and subsidies provided by the SGAFF. The qualitative theoretical model is dealing with … subsidies. With supports targeted fully to disadvantaged farmers the government is indifferent between lump-sum guarantees …

expected costs of the credit guarantees and subsidies offered by the fund. The theoretical model looks at government …-rate subsidies. With support targeted wholly to disadvantaged farmers, the cost of lump-sum guarantees, proportional guarantees, and … interventions designed to decrease the credit rationing of farmers with high probability of success. The theoretical model shows …

government support in the form of credit guarantees or interest rate subsidies. This paper compares different forms of government … support and concludes that credit guarantees and interest rate subsidies have a nonambiguous positive effect on social …Credit contracting between a lender with monopoly market power and a small start-up entrepreneur may lead to the …

The article is dealing with the description of the Czech institutions engaged in the export credit risk mitigation. The … institutions described in this article are placed in the general context of the international framework of export credit and …

measures to expand credit to family subsistence farmers, small and medium-sized enterprises, the population in general, and low …