| 000 | 02455nam a22004334a 4500 | ||
|---|---|---|---|
| 001 | WPIEA2014098 | ||
| 003 | IMF | ||
| 005 | 20190405182216.0 | ||
| 006 | m o d | ||
| 007 | cr cn||||||||| | ||
| 008 | 020129s2014 dcu o i00 0 eng d | ||
| 020 |
_a1498303595 : _c18.00 USD |
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| 020 | _z9781498303590 | ||
| 022 | _a1018-5941 | ||
| 024 | 7 |
_a10.5089/9781498303590.001 _2doi |
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| 035 | _a(IMF)WPIEA2014098 | ||
| 040 |
_aDcWaIMF _beng |
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| 100 | 1 | _aKlein, Nir. | |
| 245 | 1 | 0 |
_aSmall and Medium Size Enterprises, Credit Supply Shocks, and Economic Recovery in Europe _h[electronic resource] / _cNir Klein. |
| 260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c2014. |
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| 300 | _a1 online resource (27 p.) | ||
| 490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 14/98 |
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| 520 | 3 | _aThe limited access to bank credit in recent years has increased the pressure on small and medium size enterprises (SMEs), forcing them to scale down investment plans and production. This paper, which explores the macroeconomic implications of this channel, finds evidence that countries with high prevalence of SMEs tended to recover more slowly from the global financial crisis than their peers, implying that the interaction of the economic structure and access to bank financing plays a critical role in episodes of economic recovery. This conclusion is reinforced by a VAR estimation, which demonstrates that a negative credit supply shock applied to SMEs has an adverse effect on economic activity, and this impact is amplified in countries that have a high share of SMEs. | |
| 588 | _aDescription based on print version record. | ||
| 650 | 7 |
_aCredit Supply Shocks _2imf |
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| 650 | 7 |
_aEconomic Growth _2imf |
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| 650 | 7 |
_aGDP Growth _2imf |
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| 650 | 7 |
_aMedium Size Enterprises _2imf |
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| 650 | 7 |
_aPanel VAR _2imf |
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| 650 | 7 |
_aReal GDP _2imf |
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| 651 | 7 |
_aCyprus _2imf |
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| 651 | 7 |
_aGreece _2imf |
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| 651 | 7 |
_aHungary _2imf |
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| 651 | 7 |
_aLithuania _2imf |
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| 651 | 7 |
_aSlovenia _2imf |
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| 776 | 0 | 8 |
_iPrint Version: _aKlein, Nir. _tSmall and Medium Size Enterprises, Credit Supply Shocks, and Economic Recovery in Europe _dWashington, D.C. : International Monetary Fund, 2014. _z9781498303590 |
| 830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 14/98 |
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| 856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/21401-9781498303590/21401-9781498303590/21401-9781498303590.xml _zIMF e-Library |
| 856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781498303590 _zIMF Book Store |
| 999 |
_c158773 _d158773 |
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