Search Results - subject:"Liquidity constraints"

Review and Assessment of Financial Constraints of Women Entrepreneurs In Maharashtra

Zaware, Prof Dr Nitin; Shinde, Santosh; Pawar, Avinash; … - 2021

The educated Indian women have to go a long way to achieve equal rights and position because traditions are deep-rooted in Indian society where the sociological setup has been a male-dominated one. Despite all the social hurdles, Indian women stand tall from the rest of the crowd and are...

Persistent link: https://www.econbiz.de/10013233993

The Epidemiology of Financial Constraints

Grieser, William; Spyridopoulos, Ioannis; Zekhnini, Morad - 2021

We use a network regression approach to study the propagation of financial constraints through production networks. We find that supply-chain partners' constraints i) are roughly 73\% as important as a firm's own constraints for explaining investment levels, ii) propagate primarily upstream, and...

Persistent link: https://www.econbiz.de/10013214002

An Optimal Solution to a Resource Allocation Problem under COVID-19 Financial Constraints

Kamdem, Bruno - 2021

Public health implications of COVID-19 resulted in widespread business closures and job losses. Disruptions in the service and transportation sectors, acute reductions in income, and an uptick in unemployment were the outcome of pandemic mitigating procedures adopted by many governments. While...

Persistent link: https://www.econbiz.de/10013214164

Corporate debt booms, financial constraints and the investment nexus

Albuquerque, Bruno - 2021

Does corporate debt overhang affect investment over the medium term? To uncover this association, I measure debt overhang with a concept of debt accumulation or debt boom, and combine leverage with liquid assets to capture financial constraints. Using a large US firm-level panel over 1985...

Persistent link: https://www.econbiz.de/10013214652

The role of collateral in borrowing

Garvin, Nicholas; Hughes, David W.; Peydró, José-Luis - 2021

Persistent link: https://www.econbiz.de/10013263113

Low interest rates and the distribution of household debt

Emiris, Marina; Koulischer, François - 2021

We study how changes in interest rates affect the borrowing of households and the distribution of debt within the population. In a model of household borrowing with credit constraints and endogenous house prices, we show that less constrained households with more pre-existing housing wealth...

Persistent link: https://www.econbiz.de/10012520376

The impact of bank loan terms on intangible investment in Europe

Segol, Matthieu; Kolev, Atanas; Maurin, Laurent - 2021

Firm investment, Intangible assets, Loan terms, Credit constraint, Survey data, Instrumental variable approachUsing European firm-level data from a new survey, the EIBIS, we document the effect of bank loan terms on investment in intangible assets of non-financial corporations. We show that...

Persistent link: https://www.econbiz.de/10012520775

Equilibria in Matching Markets with Soft and Hard Liquidity Constraints

Herings, Peter Jean-Jacques; Zhou, Yu - 2021

We consider a matching with contracts model in the presence of liquidity constraints on the buyers side. Liquidity … constraints can be either soft or hard. A convergent sequence of economies with increasingly stringent soft liquidity constraints … is an economy with hard liquidity constraints at the limit. The limit of a corresponding convergent sequence of …

Persistent link: https://www.econbiz.de/10013211523

Borrowing Constraints and the Returns to Schooling

Cameron, Stephen V.; Taber, Christopher - 2021

To a large degree, the expansion of student aid programs to potential college students over the past 25 years in the United States has been based on the presumption that borrowing constraints present an obstacle to obtaining a college education. Economists and sociologists studying schooling...

Persistent link: https://www.econbiz.de/10013212574

Financial Constraints and Risk Aversion : A Tax-based Theory of Rising Industrial Concentration

Huang, Qiushi - 2021

I propose a theory that shows for financially constrained firms, a lower tax rate on cash returns can cause firms to hoard more cash and increase their investment in risky projects. As a result, industry sales becomes increasingly concentrated in top firms. The model has three central...

Persistent link: https://www.econbiz.de/10013213352