What else lies behind the credit rationing? Exploring the issue of employment

Ioannis Vlassas, Christos Kallandranis*, Antonis Ballis, Loukas Glyptis, Lan Mai Thanh

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

Abstract

Purpose: This paper aims to review the literature extensively by analysing recent work and providing a guide for models, data sets and research findings. Design/methodology/approach: This paper reviews the literature extensively by analysing recent work and providing a guide for models, data sets and research findings within the context of capital market imperfections. The authors further break down the literature into closer-in-nature categories for reader’s convenience and comprehension. Finally, the authors address gaps in the existing literature and propose government policies that can tone down the potential effect of credit rationing on employment. Findings: This paper provides a map of the literature so as to help future researchers in the relevant literature and give a short insight of what has been explored so far. Originality/value: This paper is original and is the result of a thorough review of an extensive literature.

Original languageEnglish
Pages (from-to)865-885
Number of pages21
JournalJournal of Asia Business Studies
Volume18
Issue number4
Early online date9 Apr 2024
DOIs
Publication statusPublished - 23 Jul 2024

Bibliographical note

Copyright © 2024, Emerald Publishing Limited. This author's accepted manuscript is deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY-NC) licence. This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript for commercial purposes, please contact [email protected]

Keywords

  • Credit rationing
  • Discouragement
  • Employment
  • Information asymmetry
  • Small business lending

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