Macroeconomic effects of the mortgage refinance and the home equity lines of credit
In: Journal of economic dynamics & control, Band 121, S. 104021
ISSN: 0165-1889
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In: Journal of economic dynamics & control, Band 121, S. 104021
ISSN: 0165-1889
In: The economic history review, Band 59, Heft 3, S. 539-577
ISSN: 1468-0289
Britain of the nineteenth century was a net recipient of migrant remittances. Surprisingly little, however, is known about the flow of such funds to the UK. This article addresses this hiatus in several ways. First, it provides an account of the main mechanisms by which remittances were transferred in this period. Second, it presents new estimates of the volume of remittances flowing to Britain between 1875 and 1913, and, in doing so, offers a comparison of remittance patterns between different Anglophone societies. Third, it assesses the significance of remittances for their recipients in the UK. The article ends by considering the implications of all of the above for the way in which historians are currently trying to formulate the concept of a 'British world'.
ISSN: 1209-5281
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In: Journal of developmental entrepreneurship: JDE, Band 16, Heft 4, S. 459-476
ISSN: 1084-9467
The goal of this paper is to gain a better understanding of the factors that determine the risk premium on bank lines of credit obtained by SMEs, and whether firm size, which may be used by banks to segment their client base, also has an impact on credit costs. An analysis of data from 406 SMEs in Canada showed the main determinants of risk premium were firm size, line of credit size, ability to repay, the relationship between banker and entrepreneur, and the length of the relationship with the bank. These determinants change according to the market segment in which the potential borrower operates. Banks appear to use a transactional approach for smaller borrowers, where credit terms are based on quantitative financial data, and a relational approach for larger firms, where relationship length and quality become significant.
In: ECB Working Paper No. 1702
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In: Mercatus Special Edition Policy Brief
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For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.
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In: IMF Staff Country Reports
Strong economic fundamentals, robust policy framework, and a sustained track record of excellent policy implementation have facilitated the maintenance of orderly economic conditions in Mexico even amidst the substantial external volatility during the global crisis. Executive Directors welcomed the authorities' commitment to maintain Mexico's strong policy frameworks and take needed actions to manage unforeseen risks. The arrangement of contingent financing with the IMF through the Flexible Credit Line has helped Mexico to maintain confidence and also to insure against external risks while sup
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In: Journal of Derivatives, Band 22, Heft No.4
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In: Journal of Derivatives, Band 22, Heft No.4
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In: Banco de Espana Working Paper No. 2323
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