Using data at the bank‐firm level for a large sample of small firms collected through the 8th UniCredit Survey conducted in 2011, we investigate the extent to which banks of different size reward more innovative firms, in terms of both access to lending and volume of credit granted. First we...

Anecdotal evidence exists that migrants experience difficulties in complying with Italian immigration rules (i.e. permit of stay applications and renewals) because of an intricate and inconstant legal framework. As a consequence, migrants often need legal assistance in order to regularize their...

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...