Crédito agrícola en El Salvador = Agricultural credit in El Salvador

Incluye Bibliografía

Crédito agrícola en Guatemala = Agricultural credit in Guatemala

Incluye Bibliografía

Crédito agrícola en Honduras = Agricultural credit in Honduras

Incluye Bibliografía

Crédito agrícola en Nicaragua = Agricultural credit in Nicaragua

Incluye Bibliografía

Resolución 17: Facilidades de crédito = Resolution 17: Credit facilities = Résolution 17: Facilités de crédit

El símbolo E/840/Rev.1 corresponde a la edición bilingüe inglés/francés publicada en 1953

Long term growth in the Caribbean: a balance of payments constraint approach

Includes bibliography

Confusion and uncertainty in credit markets

Includes bibliography

Chile: subsidies, credit and housing deficit

Includes bibliography.

Topologically massive Yang-Mills: A Hamilton-Jacobi constraint analysis

Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)

Multicollinearity and financial constraint in investment decisions: a bayesian generalized ridge regression

This paper addresses the investment decisions considering the presence of financial constraints of 373 large Brazilian firms from 1997 to 2004, using panel data. A Bayesian econometric model was used considering ridge regression for multicollinearity problems among the variables in the model. Prior distributions are assumed for the parameters, classifying the model into random or fixed effects. We used a Bayesian approach to estimate the parameters, considering normal and Student t distributions for the error and assumed that the initial values for the lagged dependent variable are not fixed, but generated by a random process. The recursive predictive density criterion was used for model comparisons. Twenty models were tested and the results indicated that multicollinearity does influence the value of the estimated parameters. Controlling for capital intensity, financial constraints are found to be more important for capital-intensive firms, probably due to their lower profitability indexes, higher fixed costs and higher degree of property diversification.