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Impact of the World Financial Crisis to SMEs: The determinants of bank loan rejection in Europe and USA

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  • Aurelie SANNAJUST

Abstract

This paper shows that SMEs with the world financial crisis suffer more and more and they face a

Suggested Citation

  • Aurelie SANNAJUST, 2014. "Impact of the World Financial Crisis to SMEs: The determinants of bank loan rejection in Europe and USA," Working Papers 2014-327, Department of Research, Ipag Business School.
  • Handle: RePEc:ipg:wpaper:2014-327
    as

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    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2014_327.pdf
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    References listed on IDEAS

    as
    1. Hempell, Hannah S. & Kok, Christoffer, 2010. "The impact of supply constraints on bank lending in the euro area - crisis induced crunching?," Working Paper Series 1262, European Central Bank.
    2. Jeremy C. Stein & Anil K. Kashyap, 2000. "What Do a Million Observations on Banks Say about the Transmission of Monetary Policy?," American Economic Review, American Economic Association, vol. 90(3), pages 407-428, June.
    3. Ciccarelli, Matteo & Maddaloni, Angela & Peydró, José-Luis, 2015. "Trusting the bankers: A new look at the credit channel of monetary policy," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 18(4), pages 979-1002.
    4. Inessa Love & Nataliya Mylenko, 2003. "Credit reporting and financing constraints," Policy Research Working Paper Series 3142, The World Bank.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    SMEs; rejection of bank loans; Europe; USA; micro and macro economics determinants;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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