Publication: Who needs credit and who gets credit in Eastern Europe?
Who needs credit and who gets credit in Eastern Europe?
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Brown, M., Ongena, S., Popov, A., & Yeşin, P. (2011). Who needs credit and who gets credit in Eastern Europe? Economic Policy, 26(65), 93–130. https://doi.org/10.1111/j.1468-0327.2010.00259.x
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Based on survey data covering 8,387 firms in 20 countries we compare the access to bank credit for firms in Eastern Europe to that in selected Western European countries. Our analysis reveals five main results. First, the firm-level determinants of the propensity to apply are similar in Eastern and Western Europe: small and financially opaque firms as well as firms with alternative financing sources are less likely to apply for credit while firms with greater financing needs (exporters) are more likely to apply. The lower rate of loan
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- Brown, Martin
- Popov, Alexander
- Yeşin, Pinar
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Brown, M., Ongena, S., Popov, A., & Yeşin, P. (2011). Who needs credit and who gets credit in Eastern Europe? Economic Policy, 26(65), 93–130. https://doi.org/10.1111/j.1468-0327.2010.00259.x