Mutual guarantee institutions and small business finance

Speech

Mutual guarantee institutions and small business finance

BIS Working Papers | No 290 | 08 October 2009by Francesco Columba, Leonardo Gambacorta and Paolo Emilio MistrulliPDF full text (140kb) | 22 pagesAbstract:A large body of literature has shown that small firms experience difficulties in accessing the credit market due to informational asymmetries.

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