Claessens, Stijn; Sakho, Yaye Seynabou - 2014
. Specifically, it is difficult to separate demand for access to finance of viable firms with good growth opportunities from that of … firms that are not creditworthy and should not deserve financing. In Brazil, one of the main constraints to finance is …, as such, the cost of finance and hence the demand and supply of bank financing. This paper analyzes a unique loan level …
