the euro area. Using firm‐level survey data on SME financing conditions, we show that an increase in securitization … issuance reduces the probability of SMEs facing credit constraints and decreases the costs of bank financing for nonconstrained …

After the global financial crisis and during the European sovereign debt crisis, bank lending to companies in the euro … Central Bank (ECB) quantitative easing programme in early 2015 that bank lending improved sustainably. This study analyses the …

After the global financial crisis and during the European sovereign debt crisis, bank lending to companies in the euro …’s quantitative easing programme in early 2015 that bank lending improved sustainably. The study analyses the impact of the ECB …’s Public Sector Purchase Programme (PSPP) on the access to finance of small and medium sized enterprises (SME) using firm …

how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …

This article uses European Central Bank (ECB) survey data to assess whether gender matters in the small firms … difficulty in accessing bank finance: on the demand side, they apply for bank loans less frequently, as they more often … of gender discrimination appears in the supply of bank loans in Germany, Italy, and Spain, while some demand obstacles …