The role of banking and nance in the Golden Age of European growth (1950-1973) is very little known and widely underestimated. This paper studies the French system of economic planning and investment-based strategy that enhanced medium and long term nancing (called 'investment credit'). I use a newly constructed database that matches the amount of credit (that had to be registered at the Banque...

Nowadays, one of the most important topics in risk management of banks, financial, and credit institutions is credit risk management. In this research, the researchers used survival analytic methods for credit risk modeling in terms of the conditional distribution function of default time. As a practical task, the authors considered the reward credit portfolio of Tose'e Ta'avon Bank of Guilan P...

Currently, in Iran's banking system, non-repayment of facilities has become one of the biggest issues, and due to the lack of a proper system for proper allocation of facilities, they face a number of problems, including the problem of allocation of loans, the problem of failure to repay loans Of the central bank, or the amount of facilities increased from the amount of reimbursement. The solut...

Credit transfer protocols are being designed and implemented in market-based resource allocation infrastructures. The design details of these protocols determine the accesscontrol policies that can be expressed and the trading patterns that can be supported. A protocol that enables fine grained manipulation of ownership authorities can support a wider range of access policies and trading patter...

In U.S. data 1981–2012, unsecured firm credit moves procyclically and tends to lead GDP, while secured firm credit is acyclical; similarly, shocks to unsecured firm credit explain a far larger fraction of output fluctuations than shocks to secured credit. In this paper we develop a tractable dynamic general equilibrium model in which unsecured firm credit arises from self-enforcing borrowing co...

In credit-based flow control for ATM networks, buffer is jirst allocated to each VC (virtual circuit) and then credit control is applied to the VC for avoiding possible buffer overjow. Receiveroriented, adaptive buffer allocation allows a receiver to allocate its buffer dynamically, to VCs from multiple upstream nodes based on their bandwidth usage. This paper describes, in detail, such an adap...

This paper examines the role of credit market competition in the dynamic of capital accumulation. It is shown that the lending relationship problem which seems to characterize competitive credit markets can have negative repercussions for capital accumulation. In contrast, monopoly power in banking can be bene cial for growth. A monopolist bank may lower the equilibrium quantity of credit, but ...

The profitability of any credit card portfolio is influenced by complex interactions between several conflicting factors like credit risk, probability of attrition, propensity to revolve, credit limit utilization and revenue generated. In this context, the allocation and maintenance of appropriate credit limits, and optimum pricing are the most critical parameters, as they affect a number of th...