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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Diğer Yazarlar: | |
Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2014.
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Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2014/078 |
Online Erişim: | Full text available on IMF |