Cardone-Riportella, Clara; Trujillo-Ponce, Antonio; … - In: Journal of Economic Policy Reform 16 (2013) 2, pp. 142-159
This paper analyzes the impact of the guarantee provided by mutual guarantee societies (MGSs) on the risk premium that banks should charge for small- and medium-sized enterprise (SME) loans under the new Basel Capital Accords (Basel II and III). We also examine whether the foreseeable decrease...