... to standard errors that are too
W
W
O
O
R
R
K
K
I
I
N
N
G
G
P
P
A
A
P
P
E
E
R
R
N
N
O
O
.
.
1
1
7
7
8
8
Information Sharing and Credit:
Firm-Level Evidence from Transition ... findings.
The positive and significant coefficient of information sharing in columns two and three
suggests that that both opaque and transparent firms benefit from i...
... ‘Bankruptcy and Small Firms’ Access to Credit,’
RAND Journal of Economics, 35, 69-84.
Brown, M., Jappelli, T., and Pagano, M. (2009), Information Sharing and Credit:
Firm-Level Evidence from Transition ... graduated from college (COLLEGE); (8) the logarithm of the sum of the
value of financial assets (bank and postal deposits and investment securities) and the
v...
... excluded from training and from receiving reproductive and sexual health
services, including consciousness-raising workshops that aim to change attitudes and
behaviours and provide information ... in several countries with a major employer –
the military – to introduce, expand and enhance reproductive and sexual health
information and services.
The enormous human...
... 8.19% for plant and
machinery, and 2.5% for land and buildings. These are taken from King and Fullerton
(1984). For each observation, we then calculate the proportion of land and building
investment, ...
Carlo evidence and an application to employment equations.’ Review of
Economic Studies, 58, pp. 277-97.
Atanasova, C. and Wilson, N. (2001). ‘Borrowing constraints an...
... France, Germany, Greece, Ireland, Italy,
The Netherlands, Portugal, and Spain) from January 2004 to October 2011. Bond
yields are obtained from Reuters, and CDS spreads from Credit Market Analysis ... are Ireland and Portugal in 2011 and
Greece in 2009 and 2010). Also, we observe an increase in both the average and the
volatility of CDS and bond spreads over the subseq...
... global trade) and overall credit in the countries tested.
3
Eaton et al. (2011) find that demand shocks can explain 80% of the decline in trade and for some
countries, like China and Japan, ... Robust standard errors in parentheses. *** p<0.01, ** p<0.05, * p<0.1
1
TESTING THE TRADE CREDIT AND TRADE LINK:
EVIDENCE FROM DATA ON EXPORT CREDIT INSURANCE
Marc Aub...
... exchange price index and interbank rates are taken from
Bloomberg. Economic series such as real GDP and inflation are extracted from Haver
Analytics. Real estate prices are taken from the BIS property ... growth on the one hand,
real GDP and stock price growth on the other hand, is significant, but the correlation between
credit growth and real estate price growth is low an...
... Quality Standards (or Ambient Environment
Standard), (2) Effluent Standards; and (3) Supporting Standards (testing, sampling standards
etc). Most of supporting standards are adapted from those ... and the
South of Vietnam. Large textile-garment complexes have been established using machines
and technologies from Soviet Union and Eastern Europe (the North) and some Western
Eu...
... resulting from foreign bank entry has been associated with more or less business cycle
volatility. We approach the topic with mix of theory and evidence from both the U.S. states and
countries. ... same
region, and almost all of the countries in this region have a legal system originating from the French system. In the IV* model, we
drop concentration from the list of instr...
... Arrellano and
Bover (1995) and Blundell and Bond (1998).
4
This technique is often used to control for
endogeneity problems in panel data with small T and large N, as well as endogenous and
predetermined ... liquidity and
loan growth differed across the QEP and the non-QEP periods. For the QEP period, the results
5
This estimator was proposed by Arellano and Bover (...