Lending to small and medium-sized firms:: Is there an East-West gap in Germany?

被引：22

作者：

Lehmann, E

Neuberger, D

Räthke, S

机构：

[1] Univ Konstanz, Dept Econ, D-78457 Constance, Germany

[2] Univ Rostock, Dept Econ, D-18057 Rostock, Germany

来源：

SMALL BUSINESS ECONOMICS | 2004年 / 23卷 / 01期

关键词：

D O I：

10.1023/B:SBEJ.0000026024.55982.3d

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The financing of small and medium-sized firms is important for the catching-up of the East German to the West German economy since reunification. We explore whether it is restricted by unfavorable bank loan terms, using bank-survey data on lending decisions to small and medium-sized firms. A comparison of the terms of lending between the former East German and West German states yields a lending gap given by higher loan prices and collateral requirements in East Germany. This gap can be explained by differences in credit risks and lending strategies of banks.

引用

页码：23 / 39

页数：17

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