Calcagno, Riccardo; Kraeussl, Roman; Monticone, Chiara - In: Journal of Financial Economic Policy 3 (2011) August, pp. 243-261
Purpose – The purpose of this paper is to study the impact of the 2007 Italian severance payment reform on the cost and the access to credit for small- and medium-sized enterprises (SMEs). Design/methodology/approach – The authors study the implications of the reform adapting the theoretical...