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Based on a large panel of Italian SMEs, this paper focuses on the relationship between firms' default probability and the amount of bank debt they obtain, evaluating whether and to what extent this link is affected by the degree of competition characterizing the local credit market where firms...
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The traditional approach to poverty measurement utilises only monetary variables as indicators of individuals’ intensity of the state of deprivation, causing measurement errors of the phenomenon under investigation. Moreover, when adopted in a longitudinal context, this approach tends to...
Persistent link: https://www.econbiz.de/10010758405
This paper identifies methodologies and strategies appropriate for the development of indicators of well-being at the level of subnational regions, thus contributing towards the incorporation of the subnational dimension into public policy making. Considerations in adapting and augmenting...
Persistent link: https://www.econbiz.de/10010534938
This study provides a step-by-step account of how fuzzy measures of non-monetary deprivation and also monetary poverty may be constructed based on survey data such as those from the Mozambican Household Budget Survey 2008-09 (IOF08). For nonmonetary deprivation, six dimensions are identified...
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This paper investigates whether local differences in banking competition impact on the creation and activity of firms, with a special focus on cooperatives. The empirical analysis, implemented on a sample of Italian firms, reveals non-monotonic effects of bank market power on firm creation and...
Persistent link: https://www.econbiz.de/10008469063