Debt aversion, education, and credit self-rationing in SMEs
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DOI: 10.1007/s11187-020-00329-9
Abstract: This paper analyzes the importance of credit self-rationing for borrowers with lower levels of education using a survey of Vietnamese SMEs from 2004 to 2014. We show that entrepreneurs not only refrain from using formal… read more here.
Keywords: credit; debt aversion; credit self; education ... See more keywords
Self-Rationing in European Businesses: Evidence from Survey Analysis
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DOI: 10.1016/j.frl.2020.101807
Abstract: Abstract By employing the SAFE survey data set where the credit access trend is observed directly, we explore the so-called discouraged type of borrowers. This category was largely omitted by the traditional credit rationing literature.… read more here.
Keywords: european businesses; survey; evidence; finance ... See more keywords