with a low level of net worth, which in turn increases the participation of the informal credit market, but also might …

the bank credit market). Along the macroeconomic dimension of these gross flows, we document four cyclical facts. First …, the volatility of borrower inflows is two times as large as the volatility of obligors exiting from the credit market …

The nexus between corporate disclosure and credit market development as well as whether the nexus is sensitive to the … econometric techniques. Generally, we find that corporate disclosure promotes credit market development. The results from the … analysis of subsamples suggest that the effect of corporate disclosure on credit market development is sensitive to creditor …

This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained …