Credit and collateral
Author(s)
Bibliographic Information
Credit and collateral
(Routledge international studies in money and banking, 44)
Routledge, 2008
- : hbk
Available at 14 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
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  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
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  United States of America
Note
Includes bibliographical references (p. [126]-138) and index
Description and Table of Contents
Description
Collateral - generally defined as an asset used to provide security for a lender's loan - is an important feature of credit contracts and all the available evidence suggests that its use is getting more pervasive. This informative book builds upon recent research into this topic.
Sena analyses three case-studies that revolve around the impact that financial constraints have on economic outcomes. In the first case-study, the relationship between firms' technical efficiency and increasing financial pressure is explored. The author then goes on to show, in the second case study, that under specific circumstances, increasing financial pressure and increasing product market competition can jointly have a positive impact on firms' technical efficiency, while not being true for all types of firms. In the third case, she analyses the impact that finance constraints have on women's start-ups.
Unique and revealing, this is the first book to deal so extensively with the topic of collateral, and as such, is a valuable reference to postgraduates and professionals in the fields of macroeconomics, monetary and business economics.
Table of Contents
1. Introduction 2. Credit Constraints and Economic Outcomes: A Short Survey 2.1 Introduction 2.2 Asymmetric Information in the Credit Market and its Impact on the Firm's Demand for Investment: A Brief Survey 2.3 Self-Employment Choice, Gender and Financial Constraints 2.4 Conclusions 3. Technical Efficiency and Finance Constraints: An Empirical Analysis for the Italian Manufacturing, 1989-1994 3.1 Introduction 3.2 Technical Efficiency and Finance Constraints: A Partial Equilibrium Approach 3.3 The Empirical Analysis 3.4 The Econometric Results 3.5 Concluding Remarks 4. Product Market Competition, Financial Pressure and Producers' Cooperatives 4.1 Introduction 4.2 The General Framework 4.3 The Empirical Analysis 4.4 Concluding Remarks 5. Self-Employment and Gender: How Important are Financial Constraints? 5.1 Introduction 5.2 The Model 5.3 The Household Survey of Entrepreneurship (HSE) 2003 5.4 The Results 5.5 Concluding Remarks 6. Conclusions
by "Nielsen BookData"