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Programs to direct finance to small firms are ubiquitous. We study their real-side effects for target firms, exploiting the discontinuities in eligibility in such a program in India. We show that small firm lending programs can slow real growth. Several robustness, placebo, heterogeneity, and...
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privater kleiner und mittlerer Unternehmen (KMU) sowie die Gestaltung eines effizienten Finanzsystems im Mittelpunkt der … wurden und werden mit dem Ziel initiiert, den KMU-Sektor über eine Verbesserung seiner Finanzierungssituation gezielt zu … organisations. Numerous projects have been, and are still being initiated with the goal of systematically promoting the SME sector …
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