In rural areas of developing countries, shocks and financial constraints on households are generally recognized as … obstacles to children's schooling opportunities. This paper investigates the effects of income shocks and borrowing constraints …. Estimation results indicate that income risks and borrowing constraints have a substantial negative impact on child schooling …

This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into … firms benefit more from relaxing credit constraints. These opposing predictions are tested using export data for 70 …

We study the effect of borrowing constraints in an assignment model of the housing market. When constraints apply … wealth and may differ in tastes, borrowing constraints will in general result in lower house prices and higher housing … constraints result in profitable arbitrage possibilities for buy-to-let investors. They can buy houses that are preferred by …

for borrowing constraints. A more internal locus of control and higher neuroticism are correlated with being denied for …