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

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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 s...

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Detaylı Bibliyografya
Yazar: European Investment Bank (auth)
Diğer Yazarlar: Barbera, Alessandro (auth), Gereben, Aron (auth), Wolski, Marcin (auth)
Materyal Türü: Elektronik Kitap Bölümü
Dil:İngilizce
Baskı/Yayın Bilgisi: European Investment Bank 2022
Konular:
Finance
Business & Economics
Online Erişim:DOAB: download the publication
DOAB: description of the publication
Etiketler: Etiketle
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Diğer Bilgiler
Özet: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.
ISBN:/doi.org/10.2867/571551
9789286152221
Erişim:Open Access

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