Syndetics omslagsbild
Bild från Syndetics

EIB Working Paper 2022/03 Estimating conditional treatment effects of EIB lending to SMEs in Europe

Av: Medverkande: Materialtyp: ArtikelUtgivningsinformation: European Investment Bank European Investment Bank [Imprint] 2022Innehållstyp:
  • text
Medietyp:
  • computer
Bärartyp:
  • online resource
ISBN:
  • 9789286152221
Ämnen: Onlineresurser: Sammanfattning: Small and medium-sized firms play a key role in the European economy. This paper uses statistical methods to estimate the effects of EIB financial support on European companies between 2008 and 2015. It shows that the effects of EIB supported lending on job creation and investments were larger for smaller and younger firms, and that longer maturities and more advantageous loan pricing are associated with larger employment and investment effects. The results suggest that benefits of the EIB support are more noticeable on an intensive margin, instead of on an extensive one.
Inga fysiska exemplar för denna post

Open Access Unrestricted online access star

Small and medium-sized firms play a key role in the European economy. This paper uses statistical methods to estimate the effects of EIB financial support on European companies between 2008 and 2015. It shows that the effects of EIB supported lending on job creation and investments were larger for smaller and younger firms, and that longer maturities and more advantageous loan pricing are associated with larger employment and investment effects. The results suggest that benefits of the EIB support are more noticeable on an intensive margin, instead of on an extensive one.

Accessibility options of PDF file not available

Creative Commons Licence cc by-nc-nd cc https://creativecommons.org/licenses/by-nc-nd/4.0/

eng

Freely available e-book