Showing 1 - 10 of 160
Germany's bank-based financial system provides a high level of financial inclusion, measured by bank outreach and use … implementing the right to a basic bank account with an overdraft facility and protection against attachment, establishing public … credit bureaus, redirecting banking regulation toward the protection of borrowers in long-term credit relationships, and …
Persistent link: https://www.econbiz.de/10010532087
The Global Financial Crisis (GFC: 2008–2009) and the Euro Sovereign Crisis (ESC: 2010–2012) seem a process of creative destruction for the European Union (EU). The huge damage provoked by the GFC and ESC was, in fact, followed by important institutional building steps as the Banking Union...
Persistent link: https://www.econbiz.de/10012153491
lacking behind those in the old federal states. Using data of five guarantee banks and results from enterprise and bank …
Persistent link: https://www.econbiz.de/10011701604
lacking behind those in the old federal states. Using data of five guarantee banks and results from enterprise and bank …
Persistent link: https://www.econbiz.de/10011701532
banking regulation: This appalling contradiction is the true culprit behind lower credit standards, mounting systemic risk in … regulation with the theory of banking intermediation, would make banking sounder …
Persistent link: https://www.econbiz.de/10012890531
Staatliche Bürgschaften und Bürgschaftsbanken sind wichtige Instrumente, um Kreditrationierung aufgrund von Informationsasymmetrien zu reduzieren und somit die Finanzierung kleiner und mittelständischer Unternehmen zu erleichtern. Der vorliegende Beitrag untersucht die Wirksamkeit dieser...
Persistent link: https://www.econbiz.de/10010986095
Staatliche Bürgschaften und Bürgschaftsbanken sind wichtige Instrumente, um Kreditrationierung aufgrund von Informationsasymmetrien zu reduzieren und somit die Finanzierung kleiner und mittelständischer Unternehmen zu erleichtern. Der vorliegende Beitrag untersucht die Wirksamkeit dieser...
Persistent link: https://www.econbiz.de/10010319257
Die theoretische Literatur erklärt den Mehrwert von Bürgschaftsbanken und anderen staatlich gestützten Bürgschaftseinrichtungen für kleine und mittlere Unternehmen (KMU) durch deren Wirkung, Finanzierungsengpässe infolge von fehlenden Sicherheiten und hohen Informationsasymmetrien zu...
Persistent link: https://www.econbiz.de/10012796850
well as from enterprise and bank surveys, we measure the financing and project add-on effect of loan guarantees and equity …
Persistent link: https://www.econbiz.de/10012796851
Public loan guarantees and guarantee banks are important instruments to reduce credit rationing due to information asymmetries, and thus to ease the financing of small and medium-sized enterprises. The present paper examines the effectiveness of these measures in the economically underdeveloped...
Persistent link: https://www.econbiz.de/10004988456