Do all firms have equal access to external financing?

Neil Kay, Gavin Murphy, Conor O'Toole, Iulia Siedschlag, Brian O'Connell, 29 June 2014

a

A

The proportion of bank loan acceptances has fallen significantly following the crisis, along with the level of enterprise investment. The sharpest falls in both have been in countries hardest hit by the crisis.

Topics: EU policies, Financial markets
Tags: borrowing, credit, credit rationing, Finance, information asymmetries, investment, lending, SMEs

Vox eBooks

CEPR Policy Research