explain at least half of the decline unexplained by the business cycle, and that supply factors can explain much of the …

—are the most informative individual indicators of the state of the business cycle. Conditional on including these measures …

-publicly traded small enterprises. Using data from the 2003 Survey of Small Business Finances, we develop failure prediction models … for a sample of small firms that were confirmed to have been in business as of December 2003, with particular attention to … business than non constrained firms. Moreover, credit constraint and credit access variables appear to be among the most …

differences in capital ratios at sets of banks that are matched based on geographic area as well as size and various business …

(Holmstrom and Tirole, 1997), using a comprehensive data set of US small business credit contracts. The data include detailed … information about the business, its owner, bank balance sheet information, and the terms of credit. In line with the predictions … finance. More than two thirds of the business credit contracts can be rationalized by one period debt contracts with costly …

household and business demand - have remained steady from early policy-oriented models (like the Penn-MIT-SSRC MPS model) to …

policy. We look for this special role by examining the business strategies of banks as it relates to mortgage funding and … banks" operating between these business strategies are likely to increase their loan rate spreads substantially in response …

In a seminal article on small business lending, Petersen & Rajan (2002) argue that technological changes have … revolutionized small business lending markets, weakening the reliance of small businesses on local lenders and increasing geographic … change accelerated after 1993. Using the 1993, 1998, and 2003 Surveys of Small Business Finances (SSBFs), we test whether the …