Revolving Credit: Determindion of a Representative Balance

1972 ◽  
Vol 10 (2) ◽  
pp. 123-138
Author(s):  
ALVIN STAUBER ◽  
JAN R. WILLIAMS
Keyword(s):  
Revolving Credit

scholarly journals The Impact of Consumer Credit Access on Unemployment

2019 ◽  
Vol 86 (6) ◽  
pp. 2605-2642 ◽  
Author(s):  
Kyle F Herkenhoff
Keyword(s):  
Business Cycles ◽  
Consumer Credit ◽  
Quantitative Result ◽  
Credit Access ◽  
Access To Credit ◽  
Employment Dynamics ◽  
Cyclical Fluctuations ◽  
The Business Cycle ◽  
The Impact ◽  
Revolving Credit

Abstract Unemployed households’ access to unsecured revolving credit more than tripled over the last three decades. This article analyses how both cyclical fluctuations and trend increases in credit access impact the business cycle. The main quantitative result is that credit expansions and contractions have contributed to moderately deeper and more protracted recessions over the last 40 years. As more individuals obtained credit from 1977 to 2010, cyclical credit fluctuations affected a larger share of the population and became more important determinants of employment dynamics. Even though business cycles are more volatile, newborns strictly prefer to live in the economy with growing, but fluctuating, access to credit markets.

Revolving credit lines and targeted search

2020 ◽  
Vol 118 ◽  
pp. 103964
Author(s):  
Gajendran Raveendranathan
Keyword(s):  
Credit Lines ◽  
Revolving Credit

Determination of an Optimal Revolving Credit Agreement

1973 ◽  
Vol 8 (3) ◽  
pp. 491 ◽  
Author(s):  
Paul D. Berger ◽  
William K. Harper
Keyword(s):  
Credit Agreement ◽  
Revolving Credit

African innovations in harnessing farmer assets as collateral

2017 ◽  
Vol 8 (1) ◽  
pp. 66-75 ◽  
Author(s):  
Tendayi Chapoto ◽  
Anthony Q.Q. Aboagye
Keyword(s):  
Design Methodology ◽  
Substantial Reduction ◽  
Focus Group Discussions ◽  
Group Discussions ◽  
Content Type ◽  
Farming Communities ◽  
Big City ◽  
Livestock Farmers ◽  
One Year ◽  
Revolving Credit

Purpose The purpose of this paper is to document and appraise two innovations by which nontraditional forms of collateral are being used to make smallholder crop and livestock farmers bankable in Ghana and Zimbabwe. Design/methodology/approach The setup and operations of the warehouse receipt system (WRS) in Ghana were evaluated for the extent to which the WRS was meeting crop farmers’ expectations and the WRS’s own objectives. Owners of the WRS, a certified warehouse operator in a big city, and two operators of certified community warehouses in farming communities were interviewed. Two focus group discussions with crop farmers were also held. Information about the setup and operations of the Tawanda Nyambirai Livestock Trust (TNLT) Private Limited in Zimbabwe (TNLT) and extent of serving the credit needs of livestock farmers was obtained by telephone from the managing director. Data were gathered in April 2014 and were analyzed later. Findings Due to low output no smallholder farmer targeted by the WRS had been issued with a tradable certified warehouse receipts to serve as collateral to potential lenders. Grain aggregators (non-farmers) have aggregated enough grains from farmers to be issued warehouse receipts. Grain farmers report substantial reduction in post-harvest losses when they lodge farm proceeds with certified community warehouses. For the TNLT, more than 140 farmers had deposited 700 cattle and had been issued with tradable certificates of deposit within one year of TNLT to obtain revolving credit from one bank. Other benefits and challenges are highlighted. Originality/value Both approaches have potential of helping to solve liquidity constraints of farmers.

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