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Regional favoritism in access to credit : just believe it
(21.03.2023)
BOFIT Discussion Papers 1/2023
BOFIT Discussion Papers 1/2023
ABSTRACT
We examine the effect of regional favoritism on the access of firms to credit. Using firm-level data on a large sample of 29,000 firms covering 47 countries, we investigate the hypothesis that firms in the birth ...
Testing the impact of liquidation speed on leverage using Indian data
(29.04.2024)
BOFIT Discussion Papers 6/2024
BOFIT Discussion Papers 6/2024
The paper investigates the influence of the speed of liquidation of insolvent firms on leverage. The theoretical model presented formalizes the intuitive view that an increase in liquidation speed is expected to decrease ...