TY  - BOOK
AU  - Petriček,Matic
AU  - European Investment Bank
AU  - Rop,Anton
AU  - Gereben,Áron
AU  - Winkler,Adalbert
TI  - EIB Working Papers 2019/09 - The impact of international financial institutions on small and medium enterprises: The case of EIB lending in Central and Eastern Europe 
T2  - EIB Working Papers
SN  - 9789286143519
PB  - European Investment Bank
KW  - Business & Economics / Finance
KW  - bisacsh
KW  - Economics
KW  - Electronic books
N1  - Access copy available to the general public
N2  - IFIs provide funding for SMEs, but what impact does this actually have on these firms? This working paper assesses the impact of funding by the EIB on the performance of more than 5,000 SMEs in eight countries in Central and Eastern Europe during 2008-2014. Using propensity score matching and difference-in-difference estimation exercises, it indicates that EIB lending has had a positive effect on employment, revenues and profitability. This holds whether or not the economy is in a period of crisis or recovery
UR  - https://openresearchlibrary.org/content/5c0949ba-8dfc-4525-a3d4-1b98f384731f
ER  -