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endogenous nature of innovation, we show that all types of banks reward firms' innovative activities. We also provide evidence … that a large internationalized bank more strongly supports product innovation, whereas there is no substantial difference …
Persistent link: https://www.econbiz.de/10013073453
We investigate the effect of kinship between borrowers and cosigners on repayment performance in microcredit, by using data coming from a leading Italian microfinance provider for the period 2009-2012. Estimates on a pool of 2,350 loans show that the presence of closely related cosigners tends...
Persistent link: https://www.econbiz.de/10013058495