The authors employ a novel dataset on almost 30,000 trade credit contracts to describe the broad characteristics of the parties that contract together; the key contractual terms, such as the discount for early payment; and the days by when payment is due. Whereas prior work has typically used information on only one side of the buyer-seller transaction, this paper utilizes information on both. The authors find that the largest and most creditworthy...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2011/07/01
-
Рабочий документ в рамках исследования вопросов политики
-
WPS5726
-
1
-
1
-
2011/07/01
-
Disclosed
-
Trade credit contracts
-
Finance & Private Sector Development