Showing 61 - 70 of 658,457
Credit bureaus administering information sharing among lenders about customers reduce information asymmetry and should be key to modern credit markets. In contrast to former studies, we show that willingness to share information depends more on institutions and market concentration than on...
Persistent link: https://www.econbiz.de/10003435416
Persistent link: https://www.econbiz.de/10008663200
Persistent link: https://www.econbiz.de/10008696464
Persistent link: https://www.econbiz.de/10003580291
Persistent link: https://www.econbiz.de/10003556842
collateral constraint motivated by limited enforcement. Borrowing is secured by collateral in the form of durable goods whose … movements, which exacerbate fluctuations in the wedges induced by the collateral constraint. In this context optimality requires … deviations from price stability and calls for exchange rate stabilization. -- Global imbalances ; collateral constraints …
Persistent link: https://www.econbiz.de/10003985521
Persistent link: https://www.econbiz.de/10003966525
Persistent link: https://www.econbiz.de/10008660151
Persistent link: https://www.econbiz.de/10009424026
This paper provides new theoretical and empirical evidence suggesting that the quality of credit information may be a key element in explaining the maturity structure of corporate debt around the world. In markets with poor credit information and hence a high degree of uncertainty about borrower...
Persistent link: https://www.econbiz.de/10010521669