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Full-Text Articles in Business
The Importance Of Financial Market Development On The Relationship Between Loan Guarantees For Smes And Local Market Employment Rates, Ben Criag, William Jackson, James Thomson, Craig Armstrong
The Importance Of Financial Market Development On The Relationship Between Loan Guarantees For Smes And Local Market Employment Rates, Ben Criag, William Jackson, James Thomson, Craig Armstrong
James B Thomson
We empirically examine whether a major government intervention in the small firm credit market yields significantly better results in markets that are less financially developed. The government intervention that we investigate is SBA guaranteed lending. The literature on financing small and medium size enterprises (SMEs) suggests that small firms may be exposed to a particular type of market failure associated with credit rationing. And, SMEs in markets that are less financially developed will likely face a greater degree of this market failure. To test our hypothesis we use the level of bank deposits per capita as our relative measure of …
Ordered Conflict Resolution, David R. Jenkins
Ordered Conflict Resolution, David R. Jenkins
David Randall Jenkins
Ancient philosophers resolved Arrovian impossibility through a marriage of ethics and economics. Ordered conflict resolution is the competent social choice theory threshold necessary condition.
Ceo Compensation At Tarp Institutions, Karl T. Muth
Ceo Compensation At Tarp Institutions, Karl T. Muth
Karl T Muth
This is a PowerPoint presentation given at the University of Chicago Booth School of Business on March 10, 2010. It requires the newest version of Microsoft PowerPoint.