government-subsidized credit, and that larger businesses and politically-important industries capture larger shares of the …

margin. This study contributes valuable insights into the efficacy of public credit support programs during crises …

declined by 5.4% and remained lower for several years. The decline in credit supply eventually led to a decrease in the number … credit supply shocks can have persistent adverse effects on labor …

declined by 5.4% and remained lower for several years. The decline in credit supply eventually led to a decrease in the number … credit supply shocks can have persistent adverse effects on labor …

the impact of a large credit support program deployed in Peru in 2020 (Reactiva Peru'). We examined real outcomes such as …

This paper studies the extent to which increases in bank credit supply available for small and medium firms can foster … variation in credit supply, we exploit differences in the regional presence of Mexican banks across local labor markets by … combining pre-existing market shares with national-level changes in banks’ credit supply, after accounting for local credit …

This paper studies the extent to which increases in bank credit supply available for small and medium firms can foster … variation in credit supply, we exploit differences in the regional presence of Mexican banks across local labor markets by … combining pre-existing market shares with national-level changes in banks’ credit supply, after accounting for local credit …

The Main Street Lending Program (MSLP) was established by the Federal Reserve to supply credit to small and, especially …

stable finance. One efficient way to promote SME financing is through credit guarantee schemes, where the government … guarantees a portion (ratio) of a loan provided by a bank to an SME. This research provides a theoretical model and an empirical … analysis of factors that determine optimal credit guarantee ratio. The ratio should be able to fulfill the government's goal of …