stable finance. One efficient way to promote SME financing is through credit guarantee schemes, where the government … analysis of factors that determine optimal credit guarantee ratio. The ratio should be able to fulfill the government's goal of … results show that three categories of factors can determine the optimal credit guarantee ratio: (i) government policy, (ii …

Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in …

This paper provides the first evidence on gender differences in investment financing, credit application and credit … analysis of the supply- and demand-side on the credit market shows that women are not more likely to be denied credit but the … probability that they apply for credit is on average lower. Yet, this gender difference in the probability of credit application …