Banking equity participations in small firms' capital and real business cycles: A theoretical model

被引：0
|
作者：
Eber, N [1 ]
机构：
[1] Ctr Etude Polit Financieres, Inst Etude Polit, F-67082 Strasbourg, France
来源：
REVUE ECONOMIQUE | 1998年 / 49卷 / 03期
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper highlights different effects that banking equity participations in small firms' capital may have. In the model we propose, banking participations stimulate investment and output, reduce firms' sensitivity to shocks and have a counter-cyclical effect.
引用
收藏
页码：699 / 708
页数：10
相关论文
共 50 条
  • [21] The business model and intellectual capital in the value creation of firms A literature review
    Ujwary-Gil, Anna
    BALTIC JOURNAL OF MANAGEMENT, 2017, 12 (03) : 368 - 386
  • [22] Banks' capital buffer, risk and performance in the Canadian banking system: Impact of business cycles and regulatory changes
    Guidara, Alaa
    Lai, Van Son
    Soumare, Lssouf
    Tchana, Fulbert Tchana
    JOURNAL OF BANKING & FINANCE, 2013, 37 (09) : 3373 - 3387
  • [23] PROBLEMS OF EQUITY CAPITAL MANAGEMENT IN THE TRANSFORMATION CONDITIONS OF DEVELOPMENT MODEL OF BANKING SECTOR IN RUSSIAN
    Vladyka, M. V.
    Gulko, A. A.
    FINANCIAL AND CREDIT ACTIVITY-PROBLEMS OF THEORY AND PRACTICE, 2013, 2 (15): : 105 - 111
  • [24] Solving the real business cycles model of small-open economies by a sample-independent approach
    Chang, WY
    Lee, HY
    Wang, YL
    JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2003, 27 (09): : 1663 - 1679
  • [25] MONEY, OUTPUT, AND REAL BUSINESS CYCLES IN A SMALL OPEN-ECONOMY
    AHMED, S
    MURTHY, R
    CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE, 1994, 27 (04): : 982 - 993
  • [26] THE NATURE OF FINANCIAL AND REAL BUSINESS CYCLES : THE GREAT MODERATION AND BANKING SECTOR PRO-CYCLICALITY
    Egert, Balazs
    Sutherland, Douglas
    SCOTTISH JOURNAL OF POLITICAL ECONOMY, 2014, 61 (01) : 98 - 117
  • [27] Capital Flows, Real Estate, and Local Cycles: Evidence from German Cities, Banks, and Firms
    Bednarek, Peter
    te Kaat, Daniel Marcel
    Ma, Chang
    Rebucci, Alessandro
    REVIEW OF FINANCIAL STUDIES, 2021, 34 (10): : 5077 - 5134
  • [28] DEVELOPMENT OF THE MODEL FOR FORECASTING INDICATORS OF BANKING MICROCREDITING OF SMALL BUSINESS ENTITIES
    Alieksieiev, Ihor
    Zhelizniak, Roman
    Gliebova, Nataliia
    Pavlenko, Liudmyla
    Kovalenko, Volodymyr
    Zhytar, Maksym
    FINANCIAL AND CREDIT ACTIVITY-PROBLEMS OF THEORY AND PRACTICE, 2023, 2 (49): : 163 - 180
  • [29] A Krawiec-Szydlowski model of business cycles with a time delay in capital stock
    Wu, Xiaoqin P.
    Wang, Liancheng
    IMA JOURNAL OF APPLIED MATHEMATICS, 2014, 79 (03) : 571 - 599
  • [30] How the capital structure of firms is determined over business cycles: further evidence from the construction industry of Taiwan
    Yeh, Hsien-Hung Herman
    CONSTRUCTION MANAGEMENT AND ECONOMICS, 2018, 36 (08) : 459 - 471
12345