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The post-2008 period in the euro area was characterised by sharp dispersion in borrowing costs faced by firms, across both countries and firm types. This dispersion was an important manifestation of the financial fragmentation" which hampered the smooth transmission of accommodative monetary...
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availability of credit to small businesses. Small businesses have fewer alternatives to external finance than do large companies. A …, asset-based lending, credit scoring, and relationship lending; lending is compared with the other technologies in terms of … shocks to the economic environment in which banks and small businesses function on the availability of credit to small …
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