ISBN:
9789286143519
Language:
English
Pages:
1 Online-Ressource
Keywords:
Finance
Abstract:
IFIs provide funding for SMEs, but what impact does this actually have on these firms? This working paper assesses the impact of funding by the EIB on the performance of more than 5,000 SMEs in eight countries in Central and Eastern Europe during 2008-2014. Using propensity score matching and difference-in-difference estimation exercises, it indicates that EIB lending has had a positive effect on employment, revenues and profitability. This holds whether or not the economy is in a period of crisis or recovery
Note:
English
URL:
OAPEN Library: download the publication
URL:
OAPEN Library: description of the publication
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