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them to access finance through traditional means. The current economic environment has brought SME needs into particular …
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We analyze the causal effect of the credit supply shock to banks induced by interbank market disruptions in the recent financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-firm data set for Germany, we find that having relations with a more severely...
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Credit Guarantee Schemes (CGSs) are a widely used policy tool to ease access to finance by SMEs, which, in some countries, ramped up in the aftermath of the 2008-09 financial crisis. The present study aims to improve understanding about the role, impact and sustainability of CGSs, by...
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alternative financial instruments, both on the demand- and supply-side. The study discusses the role of policy in fostering SME …
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Kleine und mittlere Unternehmen (KMU) in südlichen Euro-Volkswirtschaften wie Italien und Spanien zahlen seit längerem … immer größer. Es wird häufig argumentiert, dass ein gravierendes Marktversagen den Zugang der KMU in südlichen Ländern zu … Verbesserung des Finanzmarktzugangs für KMU, die sowohl den EU-Institutionen als auch der EZB im Rahmen ihres Mandats zur Sicherung …
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This research attempts to answer two particular questions: a) what factors drive SME credit constraints in the Irish … credit. Linking constraints to the macro-economy, we find a negative and significant effect of SME credit constraints on …
Persistent link: https://www.econbiz.de/10010199684