questions is that there is still today a surprisingly high level of diversity in finance. This raises the two questions …

the hardcopy version), which portrayed the first results of a new strategy in the field of development finance implemented … development finance, the paper provides information about the shareholder composition and the investment portfolio of what is at …

of firm size affect aggregate outcomes? We assess the macroeconomic implications of known stylized facts from the finance … market-based finance in the macroeconomy, we find that considering the entire distribution of firm size is key to accurately …

In this paper we study the relationship between firm age, the use of external finance and new investment decisions, in … results highlight the important role that the business environment can play in supporting wider access to external finance and …

of bank competition on firms' access to finance. We find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … firms' access to finance. In addition, the impact of competition on access to finance depends on the environment that banks …

We draw on stylized facts from the finance literature to build a model where altering the relative costs of bank and …

We draw on stylized facts from the finance literature to build a model where altering the relative costs of bank and …