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achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic …, Latvia, Lithuania and Poland and analysis of cross country data from these regions, Financial and Monetary Integration in the …
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This paper conducts the first empirical study of the bank balance sheet channel using data on discouraged and informally rejected firms in addition to information on the formal loan granting process. I take advantage of a unique survey data on the credit experience of firms in 8 economies that...
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