Firms, especially small and medium enterprises (SMEs) state that access to credit is one of the main constraints on their growth. The theoretical literature on credit information emphasizes that information sharing schemes can impact firm financing (see Pagano and Jappelli, 1993; Padilla and Pagano, 1997; Klein, 1992; Vercammen, 1995; Padilla and Pagano, 2000). But the existing evidence is limited and, with few exceptions, subject to identification...
Voir la suite
INFORMATION
-
2015/01/05
-
Document de travail
-
116577
-
1
-
1
-
2017/07/20
-
Disclosed
-
The impact of credit information on firm financing
-
firm financing