CYCLICALITY OF CREDIT SUPPLY: FIRM LEVEL EVIDENCE potx

... the elasticity of exports to credit using matched customs and firm -level bank credit data from Peru. To account for non -credit determinants of exports, we compare changes in exports of the same product ... aspects of the firm’s usage of credit. The measure of external finance dependence may indicate the sensitivity of the firm to long term credit conditions, which is pote...

Ngày tải lên: 16/02/2014, 03:20

... aggregate credit information or on cross- sectional firm- level data, they cannot clearly disentangle the effect of information sharing from that of firm- level characteristics and of other country -level ... state-owned (14%). Of the 86% privately owned firms in the sample, 83% are de-novo firms, implying that a total of 14% of our firms are privatized companies. Our...

Ngày tải lên: 06/03/2014, 08:20

... and How Much? Evidence from a Cross Section of Firms”, Quarterly Journal of Economics, Vol. 118 (1) (forthcoming). Are Corruption and Taxation Really Harmful to Growth? Firm Level Evidence April, ... firms), do not differ significantly in observables (size, profit, and investment) from the group of graft-reporting firms. Thus, there is no (observable) evidence suggesting that...

Ngày tải lên: 16/01/2014, 16:34

... experiment allows to measure how knowledge of the rules of operation of the credit bureau affects the behavior of members of credit groups both with the initial microfinance lender and with other lenders. ... in each of seven groups of similar branches constituted by credit officers with intimate knowledge of the institution. However, despite the randomization, the a...

Ngày tải lên: 16/02/2014, 03:20

... measure of exposure to off-balance-sheet assets, so that using the growth in RWAs on the left hand side of (5) captures changes to the overall credit risk and size of the bank’s on- and off-balance ... capital and credit supply: Measuring the impact of prudential standards 27 We find that the bank’s level of portfolio risk, captured by a regulatory measure (RISK...

Ngày tải lên: 16/02/2014, 10:20

... Detecting Novel Compounds: The Role of Distributional Evidence Mirella Lapata Department of Computer Science University of Sheffield Regent Court, 211 Portobello Street Sheffield ... (8M words) for his study and a predefined list of 90,000 nouns which had no part- of- speech ambiguity. He reports an accuracy of 97.9% on a sample of 1,068 noun-noun sequences. Note that the above...

Ngày tải lên: 22/02/2014, 02:20

... geography of for-profit, nonagricultural, nonfinancial firms. Approximately 80% of the sample had less than 50 employees; 10% had 51-100 employees; and 10% had 101-500 employees. Nearly all of the firms ... represents the actual age of the firm. RELATE is the number of years that the firm has purchased its L/Cs from its current lender, and represents our measure of the strength...

Ngày tải lên: 06/03/2014, 08:20

... etc. The annotation scheme consists of two levels. First, the sentence level scheme analyses each sen- tence in terms of (i) its relevancy to the overall topic of the review, and (ii) whether it ... students work really hard. Sentence level annotation increases the relia- bility of the expression level annotation in terms of marking text spans. However, annotators of- ten ha...

Ngày tải lên: 16/03/2014, 23:20

... growing importance of non-farm work. Women of all ages increased their share of work off the farm, contrary to the prediction of the cross-section. Apparently, the cross-section age profile is mostly ... with a metaphor of ceaseless toil. Regarding the type of work, the majority of time for men and women of all ages is spent farming. The one age-related pattern is that the...

Ngày tải lên: 22/03/2014, 13:20

... rate of plantations by 50% due to CDM incentives as of 2007, thus a growth rate of plantations of 1.5%. This results in only 5 Mha of forests due to CDM in 2020 (the difference in hectares of ... the possible impacts of political decisions on the role of different types of carbon credits. Chapter 7 includes an overview of different mechanisms to procure carbon credits,...

Ngày tải lên: 22/03/2014, 20:20