We develop a new approach to estimating DSGE models with occasionally binding borrowing constraints and apply it to Mexico’s business cycle and financial crisis history. We propose a new endogenous ...

This study investigates the impact of Technology Extension Services (TES) on the productivity of small and medium-sized enterprises (SMEs) in Japan, using an Endogenous Switching Regression model and ...

The impact of access to credit on the economic well-being of agricultural households in eastern India is empirically evaluated. Using a large, farm-level data set from eastern Indian states and a ...

This is a preview. Log in through your library . Abstract In many applications of instrumental-variables regression, researchers seek to defend the plausibility of a ...

This is a preview. Log in through your library . Abstract For a simplified structural equation/IV regression model with one right-side endogenous variable, we derive the exact conditional distribution ...