LELARGE, C.; SRAER, D.; THESMAR, D. - Département des Études Économiques d'Ensemble (D3E), … - 2008
We use information on a French loan guarantee program in order to assess the consequences of credit constraints for new ventures. Loan Guarantee Programs, as implemented in France, are an effective instrument to help young firms grow faster, both in terms of employment and capital. These effects...