Goodhart, Charles A. E.; Tsomocos, Dimitrios P.; Wang, Xuan - 2021 - Revision: January 13, 2021
A sizeable proportion of enterprises, especially SMEs, in receipt of financial assistance from the government, will fail to repay. In this paper we asked whether, and to what extent, it may be beneficial to apply a screening mechanism to deter those mostly likely to fail to repay from seeking...
