Search Results - subject:"Credit market"

Credit market development and firm innovation : evidence from the People's Republic of China

Shang, Hua; Song, Quanyun; Wu, Yu - 2017

From the perspective of credit allocation, this paper analyzes the effects of credit market development on the … provinces in the People's Republic of China, we find that credit market development enhances firms' product innovation … credit market development affects innovative capacities of firms. Our results are neither driven by the increase in the …

Why Do Formal Credit, Informal Credit, and both Types of Credits Coexist as Consumer Choices?

Garcia, Jorge Luis; Digiannatale, Sonia; Carreon, Victor G - In: Economics Bulletin 35 (2015) 1, pp. 89-96

We analyze why formal credit, informal credit, and both types of credits coexist as consumer choices. We construct a model in which the households pay a fixed cost to access each type of market and face a market particular interest rate. The model induces a cost curve that defines an optimal,...

Elasticity of energy intensity on a regional scale : an empirical study of international trade channel

Burakov, Dmitry - In: International Journal of Energy Economics and Policy : IJEEP 6 (2016) 1, pp. 65-75

Sustainability of product market collusion under credit market imperfections

Marjit, Sugata; Mukherjee, Arijit; Yang, Lei - 2016

-financed oligopoly in which firms face an imperfect credit market. We consider two situations, without and with credit rationing, i …

The unemployment accelerator

Blanco, Julio; Navarro, Gaston - 2016

This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on two key assumptions: search frictions in the labor...

Empirical estimation of intraday yield curves on the Italian interbank credit market e-MID

Demertzidis, Anastasios; Jeleskovic, Vahidin - 2016

data on the Italian electronic interbank credit market (e-MID). To analyze the consequences of the recent financial crisis … the significantly better goodness-of-fit. Based on this fact, we infer that investors in the interbank credit market base …

Challenges and perspectives for development of banking credit infrastructure in Russia

Ezangina, Irina Alexandrovna; Evstratov, Alexander … - In: International journal of economics and financial issues … 6 (2016) 2, pp. 58-64

Empirical estimation of intraday yield curves on the Italian interbank credit market e-MID

Demertzidis, Anastasios; Jeleskovic, Vahidin - 2018

-by-tick data on the Italian electronic interbank credit market (e-MID). To analyze the consequences of the recent financial crisis … a significantly better goodness-of-fit. Based on this fact, we infer that investors in the interbank credit market base …

Credit booms - is China different?

Chen, Sally; Kang, Joong Shik - 2018

The impact of market structure of the banking sector on the growth of bank loans in the EU after the global financial crisis

Kouretas, Georgios P.; Pawłowska, Małgorzata - 2018