SME lending and banking system stability: ...
Document type :
Article dans une revue scientifique
Title :
SME lending and banking system stability: Some mechanisms at work
Author(s) :
Brei, Michael [Auteur]
Lille économie management - UMR 9221 [LEM]
EconomiX
Gadanecz, Blaise [Auteur]
Mehrotra, Aaron [Auteur]
Lille économie management - UMR 9221 [LEM]
EconomiX
Gadanecz, Blaise [Auteur]
Mehrotra, Aaron [Auteur]
Journal title :
Emerging Markets Review
Pages :
100676
Publisher :
Elsevier
Publication date :
2020-01-23
ISSN :
1566-0141
HAL domain(s) :
Sciences de l'Homme et Société
Sciences de l'Homme et Société/Economies et finances
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
This paper sheds light on the effects of SME lending on banking system stability. Using a dataset of 32 economies during 2007–15, we find that higher growth in SME lending is associated with greater banking system stability, ...
Show more >This paper sheds light on the effects of SME lending on banking system stability. Using a dataset of 32 economies during 2007–15, we find that higher growth in SME lending is associated with greater banking system stability, as measured by greater distance to default, but only in emerging market economies (EMEs). In EMEs, financial development tends to be lower and information asymmetries higher so that profitable projects may remain unfinanced.Show less >
Show more >This paper sheds light on the effects of SME lending on banking system stability. Using a dataset of 32 economies during 2007–15, we find that higher growth in SME lending is associated with greater banking system stability, as measured by greater distance to default, but only in emerging market economies (EMEs). In EMEs, financial development tends to be lower and information asymmetries higher so that profitable projects may remain unfinanced.Show less >
Language :
Anglais
Peer reviewed article :
Oui
Audience :
Internationale
Popular science :
Non
Collections :
Source :