This paper reports the results of behavioral economic experiments conducted in Peru toexamine the relationship amongst … shocks. In a context of collateralized formal credit markets, we provide suggestive evidencethat insurance may help reduce …

on Colombia finds some evidence that low-quality governance of sub-national governments compromises the internal … Kolumbien zeigen, dass eine niedrige Qualität der Governance kommunaler Regierungen, sich negativ auf die Produktionseffizienz …

This paper investigates the impact of Familias en Acción, a conditional cash transfer program in Colombia, on … participant credit behavior. The motivation of the research is derived from previous studies which indicate that conditional cash … remain uninvestigated. My research specifically focuses on the impacts of the program on credit behavior. I compute estimates …

This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera … determine the influence of credit and interest rate of economic growth in 1989-2008 of North Sumatra. This research uses … that the higher credit demand, then economic growth will increase. Meanwhile, the higher the interest rate, then economic …

the Spanish banking system (the United Kingdom, the United States, Mexico, Brazil, Turkey, Chile, Peru and Colombia). It …

constraints, a housing bubble initially raises credit demand by housing firms while leaving credit supply unaffected. It therefore … crowds out credit to non-housing firms. If time passes and the bubble lasts, however, housing firms eventually pay back their … higher loans. This leads to an increase in banks’ net worth and thus to an expansion in their supply of credit to all firms …

In this paper we develop a probability of default (PD) model for mortgage loans, taking advantage of the Spanish Credit … Register, a comprehensive database on loan characteristics and credit quality. From that model, we calculate different types of … sensitive to the risk measurement methodology employed. Thus, the procyclicality of regulatory capital requirements under Basel …