Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/210946 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
IFN Working Paper No. 1305
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
In the past few decades, commercial banks have substantially reduced the number of their branch offices. We address the question of whether or not the increased distance from the lenders correspondingly faced by many small and medium sized enterprises (SMEs) translates into a lower volume of loans. We use a unique dataset on loans from a state owned Swedish bank designed to support credit-constrained SMEs and interact their loan portfolio with the number of nearby commercial bank offices at the firm level along with an IV strategy to account for endogeneity. The estimation results strongly indicate that a larger number of local bank offices increases the local credit supply, and decreases the credit constraints of nearby SMEs.
Schlagwörter: 
Credit constraints
Relationship banking
State owned bank
Small business
JEL: 
L52
O38
H81
L26
G28
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
310.79 kB





Publikationen in EconStor sind urheberrechtlich geschützt.