Permissible delay in payment basically termed as “Trade credit financing” and in the present business scenario it has become a popular trend to attract the retailers by offering some interest free period by suppliers/wholesalers to increase the sales. The phenomenon of trade credit has drawn attention of many researches for last decay.In this work, for the development of model we have considere...

We provide novel evidence on how frictions in the financing of working capital amplify and propagate the effect of economic shocks over time. We propose a test for this idea in a situation where firms must pay for inputs in advance of production, and face credit constraints and seasonal variation in profitability. Persistent input price shocks lead to stronger immediate and longer-term drops on...

The usage of online marketplace in Indonesia increases due to Covid-19 pandemic and its supporting environment such as payment systems. This investigation was conducted determine the effect Website Quality on Online Impulsive Buying Behavior moderated by Sales Promotion Credit Card Usage Indonesian marketplace. study uses quantitative methods with causal analysis. In this research, data collect...

In the context of economic transformation and ecological civilization construction, breaking financing constraints carrying out green technology innovation has become an urgent task for enterprises to achieve sustainable development in China. As a method supply chain, can credit sales effectively promote enterprises’ innovation? This paper constructs evolutionary game model between upstream dow...

In this article, we present a theoretical model to study the ability of banks to influence the consumer’s payment instrument choice. Unlike most two-sided market models where benefits are exogenous, we explicitly consider how consumers’ utility and merchants’ profits increase from additional sales resulting from greater security and access to credit lines. Consumers participate in payment card ...

For as long as one can remember, monetary policy has been tossing about on a sea of controversy. The issues change from year to year, of course. Yet, curiously enough, it is difficult to detect anything like a convergence toward a consensus on such basic questions as: (1) What is monetary policy? (2) How does it work? (3) How well does it work? (4) How could its effedtiveness be enhanced, its p...