Showing 1 - 10 of 16
In this paper, we survey the recent literature on long-term relationships between banks and firms. We present successively the gains but also the costs of relationship lending. A lot of articles emphasize the gains : savings in information costs, better access to funds for firms, better...
Persistent link: https://www.econbiz.de/10011187205
The inclusion of classroom experiments in courses is one of the major innovations in the teaching of economics. The experimental approach is a very efficient pedagogic tool that allows a more intuitive and comprehensive presentation of theoretical concepts without necessarily implying a less...
Persistent link: https://www.econbiz.de/10011187244
Persistent link: https://www.econbiz.de/10005811646
We develop a game-theoretic model of doping which focuses on the economic aspects of competitive sports. According to the model, incentives for athletes to use doping increase when (i) the efficiency of the drug test system is low, (ii) the number of competitions during one season is high, (iii)...
Persistent link: https://www.econbiz.de/10009493535
[eng] Banking equity participations in small firms' capital and real business cycles : a theoretical model. . This paper highlights different effects that banking equity participations in small firms'capital may have. In the model we propose, banking participations sti­mulate investment and...
Persistent link: https://www.econbiz.de/10008621473
[eng] Banking system efficiency, loan market structure and economic activity. . German and Japanese ("bank-oriented") financial systems are featured by the dominance of a small number of large banks. Despite the high concentration of the banking market, it is often argued that such financial...
Persistent link: https://www.econbiz.de/10008621519
[eng] Long-term credit relationships and the structure of local banking markets. . This paper provides a spatial competition model of the banking sector, in which banks and firms can endure long-term relationships. We show that the fraction of borrowers with long-term contracts depends...
Persistent link: https://www.econbiz.de/10008623977
Using a simple experimental approach on 126 French students, we test the assumption that students participating in sports activities have specific economic behavior. We find that sports practice intensifies the usual gender differences: athletic participation seems to render boys still more...
Persistent link: https://www.econbiz.de/10008578505
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