This paper provides new evidence on the behaviour of euro area aggregate loans to the private sector. Using a sample … covering the last twenty years, a cointegrating vector linking the real stock of loans to a small set of domestic macroeconomic … variables is found. Besides real GDP and prices, this set includes a new measure of the cost of loans obtained as a weighted …

market-friendly business model and supporting scheme to help SMEs gain access to credit on a sustainable basis. Given the …

participant credit behavior. The motivation of the research is derived from previous studies which indicate that conditional cash … remain uninvestigated. My research specifically focuses on the impacts of the program on credit behavior. I compute estimates … on the percent change in loan balance outstanding and credit participation over the four-year evaluation period by …

This paper examines the borrowing behavior of the households and the suitability of the loans obtained from the … effects of microfinance. Using descriptive and statistical analyses, results show that the effects of credit in household … loans in proportion to their income on food and nonfood consumptions suggesting that they are more engaged in borrowing for …