EIB WORKING PAPERS 2019/09 - THE IMPACT OF INTERNATIONAL FINANCIAL INSTITUTIONS ON SMES de

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Ficha técnica

  • EIB WORKING PAPERS 2019/09 - THE IMPACT OF INTERNATIONAL FINANCIAL INSTITUTIONS ON SMES
  • Idioma: INGLÉS
  • Formatos: Pdf, ePub, MOBI, FB2
  • ISBN: 9789286143748
  • Editorial: EUROPEAN INVESTMENT BANK

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Descargar libro de ensayos en inglés. EIB WORKING PAPERS 2019/09 - THE IMPACT OF INTERNATIONAL FINANCIAL INSTITUTIONS ON SMES de in Spanish 9789286143748 FB2 PDB RTF

Overview

IFIs provide funding for SMEs, but what impact does this actually have on these firms? This working paper assesses the impact of funding by the EIB on the performance of more than 5,000 SMEs in eight countries in Central and Eastern Europe during 2008-2014. Using propensity score matching and difference-in-difference estimation exercises, it indicates that EIB lending has had a positive effect on employment, revenues and profitability. This holds whether or not the economy is in a period of crisis or recovery.

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