We study how financing constraints affect the cash holdings of small and mediumsized enterprises. There has been little … empirical work on this topic, even though these firms often face financial constraints. We contribute by using detailed data on … credit ratings in Sweden as a measure of financial constraints. We then use panel regressions and a regression …

This study explores the impact of relationship banking on the financial constraints and loan conditions of small and … constraints, drawn from a recent survey on SMEs in China. Our findings are twofold. On one hand, bank relationship spending … significantly reduces financial constraints for SMEs by facilitating access to loans. On the other hand, while this spending enables …

This paper shows that firm credit constraints impair climate policy. Empirically, firms with tighter credit constraints … incorporate this channel into a quantitative DSGE model with endogenous credit constraints and carbon taxes. Credit frictions … endogenous credit constraints than in an economy without such frictions. …

. Consistent with a model of currency intermediation under risk constraints, shocks to dealers' risk limits lead to price and …

for lower-performing younger siblings. This suggests that FSE alleviated financial constraints, allowing families to …

levels experiencing more pronounced positive effects. The results indicate that alleviating corporate financing constraints …

prevention focus, and there is a strong level of resource constraints. Research limitations/implications: This study has …

We study maximum-likelihood estimation and updating, subject to computational, cognitive, or behavioral constraints. We … finding is that under certain intuitive cognitive constraints, simple models yield the most effective constrained fit to data …