Kim, Meeroo - In: KDI-journal of economic policy 47 (2025) 2, pp. 37-80
This study investigates whether Saitdol loans, a type of governmentguaranteed loan, were allocated to groups that would otherwise be unable to access the loan market without such a guarantee. To assess this, both non-parametric and parametric estimation methods, as proposed by Hendren (2013),...