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). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high … support measures should be phased out and SME restructuring be accelerated. Efforts are also needed to deepen capital markets … Performance of SMEs, by Risk Groups -- 5. Japan: Slow SME Restructuring -- 6. Limited Availability of Risk-based Capital and …
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This paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia. Announcements of interest rate cuts, liquidity support, liability...
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