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In economics, where the long resistance to reflecting on the effects of social interaction on economic behaviour is slowly waning, the concept of social capital may turn out to be a useful analytical tool. However, initial interest in social capital has produced a large variety of definitions,...
Persistent link: https://www.econbiz.de/10005124878
Over the last decade, research has shown that financing constraints have an important impact on many aspects of firm behavior and aggregate fluctuations. This paper undertakes a critical comparison of the three main financing constraint hypotheses- -the bank lending, collateral, and internal...
Persistent link: https://www.econbiz.de/10005126449
countries as systemic crises. The deregulation of the financial sector has really affected their banks. We try to carry out an …
Persistent link: https://www.econbiz.de/10005134804
Most of the literature attributes credit constraints in small-farm developing-country agriculture to the variability of …-theoretic credit market model with endogenous technology choice. The model demonstrates that lenders may refuse to finance any …
Persistent link: https://www.econbiz.de/10005138461
The Targeted Jobs Tax Credit (TJTC) is intended to stimulate the employment of individuals who are members of certain … groups of the labor force by providing a wage subsidy (in the form of a tax credit) to employers of recently-hired eligible …
Persistent link: https://www.econbiz.de/10005141964
discusses how Marx’s critiques are part of his elaboration on the role of credit in capitalism and in the transition towards … there is a strong but very open statement: credit is a “powerful lever” in the transition towards socialism. This statement …
Persistent link: https://www.econbiz.de/10004997414
Conventional wisdom about individuals who have gone bankrupt is that they find it very difficult to get credit for at … availability of credit post-bankruptcy. This paper makes two contributions using data from one of the largest credit bureaus in the … US. First, we show that individuals who file for bankruptcy can indeed get credit very quickly after they file. Indeed …
Persistent link: https://www.econbiz.de/10004998060
performance of Farm Credit Associations. Cooperatives are a unique business structure that might not have profit maximization as a …
Persistent link: https://www.econbiz.de/10004998369
farm credit 100 years after the Country Life Commission. Design/methodology/approach – This paper is a qualitative … that rural credit in the USA be developed along the lines of cooperative principles. Research limitations … system of rural credit in the USA evolved. Originality/value – This paper provides a historical perspective on US rural …
Persistent link: https://www.econbiz.de/10004998373
The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in...
Persistent link: https://www.econbiz.de/10004999966