SMEs' Access to Finance in the Euro Area : What Helps or Hampers? /

The monetary transmission mechanism in the euro area has been adversely affected by the recent crises. Using survey data on thousands of euro area firms, we study factors that affect the access to finance of SMEs. We find that changes in bank funding costs and borrower leverage matter for firms'...

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Détails bibliographiques
Auteur principal: Ozturk, Bahar
Autres auteurs: Mrkaic, Mico
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2014.
Collection:IMF Working Papers; Working Paper ; No. 2014/078
Accès en ligne:Full text available on IMF