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The views expressed are those of the author and do not necessarily reflect the position of the Federal Reserve Bank of Dallas or the Federal Reserve System.

The dentist is fine about it. And why not? He never does home visits - can you imagine having root canal work at the kitchen table? As long as I can still produce a credit card, why should he care where I live? At the GP surgery, however, it's a different story.

Consider (with apologies to Adam Smith) an efficient pin producer selling half her production in the convertible currency market (where buyers are picky) and the rest in the domestic market to inefficient, financially shaky (state-owned) enterprises. The pins are similar but not identical, with only good pins sold in the convertible currency market and both good and bad pins in the domestic mar...

The study was designed to investigate the comparative analysis of agricultural credit users and non-users among cassava farmers in Ohafia Local Government Area of Abia State. A sample of 50 credit users and 50 non-credit user cassava-based farmers were selected by multistage random sampling technique. Data were collected with a well structured questionnaire administered to a total of 100 random...

Credit scoring has gained more and more attentions both in academic world and the business community today. Many modeling techniques have been developed to tackle the credit scoring tasks. Credit scoring models have been widely used by financial institutions to determine if loan customers belong to either a good applicant group or a bad applicant group. The advantages of using credit scoring mo...

Potential growth of dairy sector is highest and more reliable compared to crop sector, indicating that dairy sector can play vital role to increase income among farmers in rural areas than crop sector in Sri Lanka. Credit and farmer training in management ability have been major concerns of dairy development efforts. Therefore, this study wasconductedto assess the impact of credit and farmer tr...

This paper assesses whether the primary effect of the global crisis on Eastern European firms took the form of an adverse demand shock or a credit crunch. Using a unique firm survey conducted by the World Bank in six Eastern European countries during the 2008 e2009 financial crisis, the paper shows that the drop in demand for firms' products and services was overwhelmingly reported as the most ...

In a recent article, Inglis and Alcock (2012) contended that their data challenge the claim that when mathematicians validate proofs, they initially skim a proof to grasp its main idea prior to reading individual parts of the proof more carefully. This result is based on the fact that when mathematicians read proofs in their study, on average their initial reading of a proof took half as long a...

We compute and estimate the two risks that keep Brazilian interest rates extremely high: the currency and country risks. The Brazil risk is directly measured from fixed income instruments and derivatives, while the currency risk is estimated via Kalman Filter. Results identify a few important components of the Brazil risk, as the convertibility risk and the international financial markets condi...