This paper investigate the effect of credit constraints on children’s academic performances in Vietnam. To estimate precise effect, this paper measures the credit constraints directly and address endogeneity of credit constraints. The results tell us that credit constraints have more effect on...

Farm management skills can affect farm managers' performance. In this article, farm management performance is analyzed based on yearly Illinois Farm Business Farm Management (FBFM) panel data across 6,760 farms from 1996 through 2011. Two out-of-sample measures of skill are used to analyze the...

This paper exploits a liquidity shock from a large-scale welfare program in Brazil to investigate the importance of credit constraints and informal financial assistance in explaining entrepreneurship. Previous research focuses exclusively on how liquidity shocks change recipients’ behavior...

This paper extends on work done in the heterogenous-firms trade literature by addressing both heterogeneity in trade costs at the firm level as well as the existence of financial constraints. These extensions to the heterogenous-firms models are also applied in the context of a developing...

The key conclusions were that the new rules will in general reduce capital requirements for EU credit institutions by around 5% compared to present levels. Furthermore, the outcomes for the different approaches are in line with objectives particularly combining capital neutrality with...

The present paper has reviewed the potential interpretations of the incubation process and examined in detail the basic types of corporate incubators having an increasing role in everyday practice together with the main objectives of the different types. We have also mapped how the different...

The expected net return to storage is conventionally calculated as the expected change in price over the storage period minus the cost of storage. However, this value is almost always negative, thus raising the question why would anyone store. Numerous explanations have been proposed, but none...

The US Department of Agriculture (USDA), through its ARMS, collects detailed information from farm operators on debt used in the farm business. Specific loan characteristics such as interest rate, loan term, origination date, type of loan, loan purpose, and type of financing are collected for up...

A garanciaszövetkezeti rendszer jelenlegi állapotában nem, vagy csak felemásan képes a funkcióját ellátni. Ennek oka, hogy az állami tőke-kiegészítéssel létrehozott intézmények még mindig csekély tőkével üzemelnek, a szövetkezethez csatlakozott új tagok részjegy...