Browsing Produção Intelectual em Bases Externas by Subject "Pagamento"

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Borrowing in excess of natural ability to repay

Martins-da-Rocha, Victor Filipe; Vailakis, Yiannis
2017-01

The paper aims at improving our understanding of self-enforcing debt in competitive dynamic economies with lack of commitment when default induces a permanent loss of access to international credit markets. We show, by ...
The effect of information sharing between lenders on access to credit, cost of credit, and loan performance - evidence from a credit registry introduction

Behr, Patrick Gottfried; Sonnekalb, Simon
2012-11

Using a rich dataset from a commercial bank in Albania, we utilize the introduction of a public credit registry by the Albanian central bank in January 2008 as a natural experiment to analyze the effect of information ...