lenders. The estimation results imply an increase of 3-4 jobs for each million dollars of loans, suggesting that credit … for the SBA 504 versus 7(a) programs, and with respect to the business cycle, local credit conditions, and within …

Development. We examine the role of financial constraints in SME growth, with emphasis on business cycles and credit access. We …

the firm's size in terms of employment depends on the access to credit. Under the financial market imperfections, access … to credit can be a binding constraint on firm entry and employment even when the banks have sufficient liquidity. Using …

decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial … health following the 2008 crisis is used as an exogenous determinant of firms' access to credit. Findings, relative to the … Belgian economy, clearly highlight that credit matters. They show that SMEs borrowing money from pre-crisis financially less …

's constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained …

vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … to Latin America and the rest of emerging Asia (excluding China and India) GDP has not undergone any significant change …