Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/153727 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
ECB Working Paper No. 1293
Verlag: 
European Central Bank (ECB), Frankfurt a. M.
Zusammenfassung: 
In this study we investigate the determinants of financing obstacles using survey data on a sample of around 5000 firms from the euro area countries. This completely new survey – started at the end of 2009 - gives us the opportunity to test whether firm characteristics such as size, age, economic branch, financial autonomy and ownership are valid predictors of financing obstacles also during the recent financial crisis. Our results show that only age and ownership are robust explanatory variables for firms’ perceived financing obstacles while mixed results are found for size and economic branches.
Schlagwörter: 
financial crisis
Financing Constraints
Small and Medium-Sized Enterprises
survey data
JEL: 
E22
G30
G10
O16
K40
Dokumentart: 
Working Paper

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