barriers. Third, credit constraints can play an important role in weakening the positive impact of product market reform on …

measures that aim to avoid credit overexpansion are two policies that can improve the links of private debt with labour income …

In a growing number of OECD countries policymakers are designing specific regulations for lending-based crowdfunding …-wide passporting regime. To evaluate these new regimes, this study collects information about the regulation of lending … this context, we explore market failures in lending-based crowdfunding and identify regulatory challenges. Although lending …

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 … mediation and credit review schemes implemented in selected countries (i.e. Belgium, France, Germany, Ireland and Spain) in the …

This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme … (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs). The FLS was announced by the Bank of … England and HM Treasury in June 2012, with the aim of improving the supply of credit to the UK real economy. Despite the …