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  1. Sorting in credit rationing
    an elementary survey
    Published: [2020]
    Publisher:  Paris School of Economics, Paris

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    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 331
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Paris School of Economics ; no 2020, 77
    Subjects: single crossing property; screening; credit rationing; performance incentives
    Scope: 1 Online-Ressource (circa 15 Seiten)
  2. Access to credit in a market downturn
    Published: April 2020
    Publisher:  Centre for Banking Research, Cass Business School, City University of London, [London]

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    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Centre for Banking Research working paper series ; WP 20, 02
    Subjects: credit lines; relationship banking; forbearance lending; credit risk; sovereign debt crisis; credit rationing
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  3. Credit market imperfection, lack of entrepreneurs and capital outflow from a developing economy
    Published: August 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a... more

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
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    This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due to presence/absence of capital among the countries whereby capital flows from the capital rich countries to capital poor countries. We show that the rate of return differentials could arise due to presence/absence of entrepreneurs, i.e., low price of capital in autarky may reflect lack of demand for credit due to scarcity of entrepreneurs and not capital abundance and eventually may lead to capital outflow from a capital scarce country. This is a different way of echoing the sentiment of the well-known "Lucas Paradox" which suggests that capital might flow from the poor to the rich countries. We also show the possibility of trade and capital flow being complements and not substitutes, as is usual in standard models.

     

    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/223587
    Series: CESifo working paper ; no. 8515 (2020)
    Subjects: credit market imperfection; credit rationing; redistribution; entrepreneurs; capitalflows
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen