The Relationship Between Changes in Inflation and Financial Development

Sanusi, Kazeem Abimbola; Meyer, Daniel; Ślusarczyk, Beata

doi:10.17512/pjms.2017.16.2.22

Cited by 30 publications

(15 citation statements)

References 27 publications

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“…The second important factor is acceptable interest rate offer for borrower (Freedman and Jin, 2008;Herzenstein et al, 2008;Barasinska, 2011;Sonenshein et al, 2011;Sanusi et al, 2017). As it was written by Qiu et al (2014), borrowers's decisionsloan amount and interest ratewill determine whether loan will be successfully provided or not.…”

Section: Effect Of Provided Information On Funding Probabilitymentioning

confidence: 99%

Determinants of Successful Loan Application on Peer-to-Peer Lending Market

Gavurová¹,

Dujcak²,

Kováč³

et al. 2018

Economics &Amp; Sociology

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Peer-to-peer lending, as an alternative to classic bank loans, has become popular all over the world. On the basis of the conceptual characteristics, it can be expected that loans should be more advantageous from the view of costs. But as the studies describe, there are significant differences due to the factors, which can be affected by borrowers with the aim to get funded. We have examined the role of the particular factors, as part of provided data by borrowers for the decision-making process by investors in the dataset from the peer-to-peer lending website Bondora, managed by the Estonian company Isepankur. With the method of the multinomial logistic regression model, we described the importance of borrowers' decisions and their effects on funding results. The debt to income rate is the most significant variable and the highest negative impact is reached by the home ownership type variable. There are 28 factors with a nonnegative impact and 20 factors have a negative influence. Comparison of these findings to other studies enable us to describe the impacts of the social identity data and information about the loan for investors, within the peerto-peer lending market environment.

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Section: Effect Of Provided Information On Funding Probabilitymentioning

confidence: 99%

Determinants of Successful Loan Application on Peer-to-Peer Lending Market

Gavurová¹,

Dujcak²,

Kováč³

et al. 2018

Economics &Amp; Sociology

View full text Add to dashboard Cite

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“…The labour market is working with the most precious capital of economy, and that is human capital, which is also the carrier of labour. Labour is one of the most important production factors because it contributes to the economic growth of a state or region (Androniceanu & Ohanyan, 2016;Simionescu et al, 2016;Cyrek, 2017;Ohanyan & Androniceanu, 2017;Sanusi, et al, 2017). According to Kordoš & Vojtovič (2016), it is being estimated that supranational organizations directly employ 4% of total employment in developed countries and 12% of all employees in developing countries.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Regional Differences in the Labour Market in Slovakia and the Czech Republic

Koišová¹,

Masárová²,

Habánik³

2018

JOC

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At present, Slovakia and the Czech Republic are experiencing favourable economic conditions. The socioeconomic development in regions in the country except a new created product is also affected by labour market factors, employment and average salary. This paper assesses and compares the development trends in employment and average wages in the regions of Slovakia and the Czech Republic, and defines development differences over a selected time period: 2007-2016. We used statistical indicators to monitor the observed phenomenon variability by means of setting the minimum, maximum and average variation ranges and coefficients. To set a position, from descriptive characteristics a simple arithmetic mean was used. From the results of the analyses, it can be seen that significant regional differences exist in the Czech and Slovak labour markets due to different primary potentials, different possibilities of development, economic structures, demographic differences and levels of infrastructure. The situation in the Czech labour market is better than in Slovakia, and the differences among regions are smaller in the Czech Republic. For the particular regions, we chose territorial units at the NUTS III level.

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“…It was also discovered that government legislation processes and strict rules and regulations hinder the growth of SMEs and also initiate the SME owners to engage in corruption and illegal ways of processing business documents. High tax burden and difficulties in preparing the tax related documents slow the development of SMEs (Sanusi et al, 2017). On the other hand, they also found that high quality of government bureaucracy or efficient government policy can enhance the performance of SMEs and also increase the output of the SMEs in terms of their utilized resources.…”

Section: Theoretical Partmentioning

confidence: 99%

Business Environment Quality Index in the Sme Segment

Čepel¹,

Stasiukynas²,

Kotásková³

et al. 2018

JOC

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The aim of this paper was to define and quantify significant factors that shape the quality of the business environment in the SME segment and to create the business environment quality index. A part of this aim was a comparison of defined factors in the Czech Republic (CR) and the Slovak Republic (SR). In regards to the aim defined, a survey-based research was conducted with enterprises operating in the SME segment. 312 enterprises in CR and 329 enterprises in SR were approached during this research. To verify the defined scientific hypotheses, a custom Business Environment Quality Index was created that was quantified separately for CR and SR. The research results brought interesting findings. The aggregated Business Environment Quality Index in the Slovak Republic reached the value of 0.460, which was higher than that of the Czech Republic (0.418). Slovak entrepreneurs gave the economic factors a higher rating than Czech entrepreneurs. Similarly, Slovak entrepreneurs rated the importance of the Central Bank in establishing a stable business environment and the role of commercial banks in financing business needs more positively. The evaluation of political factors is relatively negative in both countries. Slovak entrepreneurs evaluated more positively the judicial system in the area of commercial law, the state's influence on the business environment, and the administrative burden on enterprises. Czech entrepreneurs had a minor issue with the state bureaucracy's impact on the business environment. The evaluation of technological factors is relatively negative in both countries, as the value of this index is slightly below 0.250. Slovak entrepreneurs better assessed the situation on the job market and the cooperation of the public sector with the business environment. On the contrary, Czech entrepreneurs gave the infrastructure level in the area of research and development a better rating. The evaluation of social factors is relatively positive in both countries. Entrepreneurs in the Slovak Republic perceive a more positive attitude of the society towards entrepreneurs and a more intense influence of the family on entrepreneurship, and positively evaluate media's activities in regards to the business environment. The evaluation of the competitive environment is more positive in Slovakia. When evaluating the narrower competitive environment, it was discovered that Slovak entrepreneurs think that customers, suppliers, and employees play a positive role in their business.

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The Relationship Between Changes in Inflation and Financial Development

Cited by 30 publications

References 27 publications

Determinants of Successful Loan Application on Peer-to-Peer Lending Market

Determinants of Successful Loan Application on Peer-to-Peer Lending Market

Regional Differences in the Labour Market in Slovakia and the Czech Republic

Business Environment Quality Index in the Sme Segment

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