Showing 1 - 10 of 4,965
play a beneficial role in the presence of private credit market frictions, especially when financial constraints are severe …
Persistent link: https://www.econbiz.de/10012902604
business lending during the global financial crisis. The decline in business credit was driven by increased risk overhang … elasticities suggestive of credit rationing (consistent with an increase in lender risk aversion). Nevertheless, we identify a …
Persistent link: https://www.econbiz.de/10013036540
Appeals Process in the United Kingdom, intended to improve the transparency and effectiveness of appeals to SME credit …In the wake of the 2008-09 financial crisis, a number of European OECD countries introduced credit mediation schemes …, as a new, often temporary mechanism to help ease access to finance by SMEs. This report investigates the nature of credit …
Persistent link: https://www.econbiz.de/10011876995
investigate how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the … credit. Estimates suggest that SMEs borrowing money from pre-crisis less healthy banks were significantly more likely to be … affected by a credit constraint and, in turn, to adjust their labour input downwards than pre-crisis clients of more healthy …
Persistent link: https://www.econbiz.de/10012940882
decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial … health following the 2008 crisis is used as an exogenous determinant of firms' access to credit. Findings, relative to the … Belgian economy, clearly highlight that credit matters. They show that SMEs borrowing money from pre-crisis financially less …
Persistent link: https://www.econbiz.de/10012929109
decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks’ financial … health following the 2008 crisis is used as an exogenous determinant of firms' access to credit. Findings, relative to the … Belgian economy, clearly highlight that credit matters. They show that SMEs borrowing money from pre-crisis financially less …
Persistent link: https://www.econbiz.de/10012130309
investigate whether and how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit … exogenous determinant of firms' access to credit. Two-stage least squares and bivariate probit estimates suggest that SMEs … borrowing money from pre-crisis less healthy banks were significantly more likely to be affected by a credit constraint and, in …
Persistent link: https://www.econbiz.de/10011772124
decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial … health following the 2008 crisis is used as an exogenous determinant of firms' access to credit. Findings, relative to the … Belgian economy, clearly highlight that credit matters. They show that SMEs borrowing money from pre-crisis financially less …
Persistent link: https://www.econbiz.de/10011785728
We study the sensitivity of banks' credit supply to small and medium size enterprises (SMEs) in the UK to banks … branches in the UK, we connect firms' access to bank credit to the financial condition (i.e., bank health and the use of core … conditions did not influence credit availability irrespective of the functional distance (i.e., the distance between bank branch …
Persistent link: https://www.econbiz.de/10011288792
We study the sensitivity of banks' credit supply to small and medium size enterprises (SMEs) in the UK to banks … branches in the UK, we connect firms' access to bank credit to the financial condition (i.e., bank health and the use of core … conditions did not influence credit availability irrespective of the functional distance (i.e., the distance between bank branch …
Persistent link: https://www.econbiz.de/10011317854