Limited access to credit has been identified as a major constraint to sustainable municipal development, but empirical evidence on the effectiveness of credit operations remains inconclusive. This paper evaluates the impact of federal government guaranteed loans on public expenditures. Using...

If banks' performance is to be be evaluated against the objectives they actually pursue, assessments of stakeholder-oriented banks should go beyond financial efficiency. Furthermore, also the environment these institutions operate in has to be kept in mind when interpreting levels of managerial...

We estimate the slope of the housing price gradient - the relationship between prices and distance to the center or employment density - in Mexico City, using administrative and survey data on housing prices in from 2019 to 2022. Our estimates rule out statistically significant changes in the...

In Romania we are at the conclusion of the second agricultural financing program since the country's adherence to the European Union and in the transition period towards the next financial exercise. The experience and effects of the first program, that took place between 2007 and 2013, led to a...

The financing of the Romanian agriculture and rural space through the SAPARD program created the technical and financial premises necessary for the process of accession to the European structures. Thus, the funds developed through the SAPARD Agency have directly contributed to the economic and...

The purpose of this research is to examine the impact of microfinance bank credit and its debt servicing on the profitability of SMEs in Alimosho Local Government Area, Lagos State, Nigeria. A survey was carried out involving 387 SMEs in Alimosho LGA, Lagos State and information was extracted...

This paper studies Canadians' access to cash using the geographical distribution of automated banking machines (ABMs). We find that over 97% of urban Canadians have access to ABMs in their communities, while 92% of rural people have access to at least one ABM. During the pandemic, there have...

Agriculture is neither the largest nor the most effective segment of the Polish economy. However, since its importance goes beyond purely numerical characteristics, it is justified for the State to support it. What is important in this regard, however, is a kind of balance. These measures cannot...

We develop a model of property taxation and characterize equilibria under three alternative taxation regimes often used in the public finance literature: decentralized taxation, centralized taxation, and "rent seeking" regimes. We show that decentralized taxation results in inefficiently high...

We construct Laffer curves to evaluate the efficiency of local property tax collection based on a micro-level panel dataset referring to 2013-2016 and obtained from the Jerusalem municipality. Unlike previous literature, we apply a tractable ad hoc methodology, which, compared with the...