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Bank lending to SMEs plays a vital role in economic growth, contributing significantly to employment and GDP. Access to … bank lending is crucial for small- and medium-sized enterprises (SMEs), as they contribute significantly to global … employment and GDP. New financial technologies promise better bank operations, fewer costs, and enhanced credit supply to SMEs …
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Amid the global COVID-19 crisis, governments worldwide introduced measures to support private enterprises. This study utilizes a newly curated panel database, encompassing the financial records of firms in Peru, to investigate the impact of a substantial governmentbacked loan guarantee program,...
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This paper provides both theoretical and empirical analyses of the differences between BigTech lenders and traditional banks in response to monetary policy changes. Our model integrates Knightian uncertainty into portfolio selection and posits that BigTech lenders possess a diminishing...
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