Hasumi, Ryo; Hirata, Hideaki; Ono, Arito - Center for Interfirm Network, Institute of Economic Research - 2012
This paper examines the ex-post performance of small and medium enterprises (SMEs) that obtained small business credit scoring (SBCS) loans by using a unique Japanese firm-bank matched dataset. The ex-post probability of default after the SBCS loan was provided significantly increased for SMEs...