In light of the recent financial and economic crisis the present paper analyzes the determinants of loan default. We employ a unique firm-level panel data of 700 bank loans given to small and medium sized enterprises in Slovakia between 2000 and 2005 to investigate three loan default hypothesis....

This report contributes to the literature by estimating farm-level impacts of PO membership, as well the efficiency of support granted to POs under the EU Rural Development Programme (RDP). We employ the propensity score matching and difference in differences (PSM-DID) approach, using 939...